hi. tomorrow i go for trianing for my new job and was trying to figure out how much i would make a month.
i would make eight dollar an hour and work 18 hours a week. so thats $144.00 a week and $576.00 a month
but how much do they take out for taxes>? i was thinking maybe 40% but im not sure. help would be apprechated thank you!
2007-01-29 15:52:18 · 4 answers · asked by Missy B 2 in Business & Finance ➔ Taxes ➔ United States
As a general guideline only, you can expect that ole Unc. Sam is going to take around 10 to 15 % of your check at the years end (including any return). More will likely be taken out of each check and you will get a return in March of next year.
Remember the golden rule: The government always gets the gold.
Welcome to the working world..
2007-01-29 16:45:37 · answer #1 · answered by ca_surveyor 7 · 0⤊ 0⤋
It depends on how many exemptions you put on your tax form. I would think you could claim exempt with your income level.
It will be less than 40% based on your income. I would imagine 18%.
2007-01-29 15:56:41 · answer #2 · answered by Scott C 2 · 0⤊ 0⤋
it's about 25% to 30%. the more you make , the more they take.
2007-01-29 15:59:07 · answer #3 · answered by LittleDevil 3 · 0⤊ 0⤋
I think it's actually 30% on average.
Pennsylvania, single, no dependents.
2007-01-29 15:57:02 · answer #4 · answered by Awesome Bill 7 · 0⤊ 0⤋