2007-01-10 11:56:06 · 8 answers · asked by sarath_reddy54 1 in Business & Finance ➔ Taxes ➔ United States
In the United States the government takes approximately 1/3 of your pay check.
2007-01-10 12:06:22 · answer #1 · answered by moonshadow79 2 · 0⤊ 1⤋
Well, it not a simple answer. It depends on your deductions--home mortgage interest, home taxes, moving expenses and the number of people in your house, whether you paid into a 401k. Go to www.irs.gov and see what you can find there. Generally, you end up keeping about 70 percent of your salary after FICA, and Federal and State taxes.
2007-01-10 20:07:50 · answer #2 · answered by Darby 7 · 0⤊ 0⤋
It depends on many items that you don't give information on.
I
f you're single, have no dependents, and take the standard deduction rather than itemizing, you'd owe $12,451 for federal income tax. If you're married, have any dependents, or have additional deductions or adjustments, your taxes would be lower unless your status is married filing separately, in which case they'd be higher..
2007-01-10 21:59:45 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
Too many extenuating circumstances based on your question. Depends on how you file including marital status, dependents, home ownership, deductions, etc. More info needed.
2007-01-10 20:06:56 · answer #4 · answered by leslie 6 · 0⤊ 0⤋
I don't know why they pay you that much money if you cannot spell the word "DOLLARS" LOL
2007-01-10 20:13:03 · answer #5 · answered by Caroline2 1 · 1⤊ 0⤋
It depends where you live, your living situation, etc. etc.
In other words, I can't answer your question.
2007-01-10 20:03:56 · answer #6 · answered by Anonymous · 0⤊ 1⤋
How much do you WANT to pay?
2007-01-10 21:09:09 · answer #7 · answered by WealthBuilder 4 · 0⤊ 1⤋
hmmm
2007-01-10 20:03:11 · answer #8 · answered by Anonymous · 0⤊ 1⤋