2007-02-12 10:27:59 · 11 answers · asked by kelly b 1 in Business & Finance ➔ Taxes ➔ United States
A rule of thumb is 33%.
2007-02-12 10:30:42 · answer #1 · answered by jtpryor 1 · 0⤊ 2⤋
how much taxes that is taken out of your pay depends on how many dependents you are claiming on your W-4 and if you are married or single, the highest that is taken out is if you claim single with 0 dependents, then married with 0, then gets less with each dependent
your employer should have given you a new W-4 to fill out for the 2007, they are due by 15 Feb, well may thats just my employer since im claming tax exempt.
2007-02-12 18:34:12 · answer #2 · answered by GatorHunter® 4 · 0⤊ 0⤋
That depends upon how many hours you work per pay period, your filing status, number of withholding exemptions, other income, deductions, etc. There is no set tax amount expressed as a percentage of an hourly wage.
2007-02-12 19:32:24 · answer #3 · answered by Bostonian In MO 7 · 1⤊ 0⤋
Tax withholdings are not based on your hourly wage. They are based on your yearly income and what you claim on your W-4 (i.e. single, married, number of dependents etc). Have you filled out a W-4 yet for your employer? They can tell you once they get that, what your takehome pay will be.
2007-02-12 18:33:11 · answer #4 · answered by LC 2 · 2⤊ 0⤋
It depends on what state you are in some have a state tax also. if you are single with no dependents you can count on 3.80 per hour without state tax with 40 work week yea it sucks.
2007-02-12 18:39:10 · answer #5 · answered by mindmelt2u 1 · 0⤊ 0⤋
It totally depends on what you filed on your tax forms. But the more you make the more they take.
2007-02-12 18:36:31 · answer #6 · answered by Child of God 5 · 0⤊ 0⤋
depends. i get taxed WAY less than my friend. i make $8 an hour and she gets like 6.75. she works more and her paycheck goes from like 550 down to like 320 from taxes. i get about 200 and it goes down to like 175. its just one of those things.
2007-02-12 18:31:06 · answer #7 · answered by Anonymous · 0⤊ 0⤋
depends on what you claim...if you claim zero, very little is taken out, but you'll probably owe when its tax time...but not much.
2007-02-12 18:32:48 · answer #8 · answered by Anonymous · 0⤊ 1⤋
depends on how much you worked over the year...hourly wage has nothing to do with it
2007-02-12 18:30:30 · answer #9 · answered by pastorfuzz 2 · 0⤊ 1⤋
depends on what state you live in but trust me, with the liberals in power it will DEFINITELY be going up.
2007-02-12 18:30:32 · answer #10 · answered by koalatcomics 7 · 0⤊ 1⤋