I will like to know the amount that should be deducted from my salary for federal taxes. I relocated in Fl.?

Question

My annual gross income is 70,000. What will be tha amount to be deducted monthly. Im household with 2 dependants

Answer 1

It depends on how often you get paid. Assuming you get paid bi-weekly, your check every two weeks may look like this:

Bi-weekly Gross Pay $2,692.31
Federal Withholding $449.12
Social Security $166.92
Medicare $39.04

Net Pay $2,037.23

But you can use this paycheck calculator to make any changes: http://www.paycheckcity.com/netpaycalc/netpaycalculator.asp

Answer 2

You can go to: www.paycheckcity.com and put in the amount of earnings, your W-4 information and any other deductions and find what will be deducted each pay.

Answer 3

Go here: http://www.paycheckcity.com to estimate your take-home pay.