2007-02-22 00:54:17 · 3 answers · asked by Tuesday K 1 in Business & Finance ➔ Taxes ➔ United States
Ask the company. There is virtually no table that allows such a small deduction. Sounds like an error.
2007-02-22 01:03:18 · answer #1 · answered by merlins_new_apprentice 3 · 0⤊ 2⤋
That depends upon your gross income and the number of withholding exemptions you are claiming. If your income is modest or you have a large number of withholding exemptions that would be entirely appropriate. If you're a single taxpayer, the first $8,450 of wages isn't taxed at all.
2007-02-22 01:00:08 · answer #2 · answered by Bostonian In MO 7 · 2⤊ 0⤋
Probably you indicated "exempt from withholding" on your w-4. I have seen HR dept.s get it wrong, wrong and when the taxpayer says, I don't want to claim any exemptions, the person "helping" them puts exempt.
www.irs.gov, individual, withholding calculator will give you the correct withholding and you can even print out a copy to give your employer.
good luck & bless
2007-02-22 01:59:28 · answer #3 · answered by Wood Smoke ~ Free2Bme! 6 · 0⤊ 0⤋