2007-04-08 14:41:26 · 6 answers · asked by Trent 1 in Business & Finance ➔ Taxes ➔ United States
Is that $60,000 W-2 wages? Are you single, married, Head of Household, married filing separately? Do you itemize? What other income do you have? To many unknown things to give you a specific answer.
2007-04-08 14:52:20 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If you are an employee making 60,000, and you are single and dont have a property or kids to deduct, then your looking at giving uncle sam almost 50% of of your income.
2007-04-08 21:58:13 · answer #2 · answered by msknowitall 5 · 0⤊ 0⤋
If you are single using the standard deduction you will pay the around the following"
Federal Income Tax: $9,450
SSI: $4,500
Medicare: $1,740
2007-04-08 21:51:37 · answer #3 · answered by Al Bunn 3 · 0⤊ 0⤋
Between 28 and 30%.
Use your deductions to lower your tax bracket:
Contribute to your 401k
Do volunteer work
Contribute to charities (good time to clean out your closets)
Buy property
2007-04-08 21:47:08 · answer #4 · answered by kanijas 2 · 0⤊ 0⤋
It would depend on other items as well, like you filing status and the number of dependants you are claiming.
2007-04-08 21:52:00 · answer #5 · answered by Mariposa 7 · 0⤊ 0⤋
That depends upon your filing status, exemptions, deductions, age, etc. Check out http://www.paycheckcity.com to get some good guesstimates.
2007-04-08 21:45:09 · answer #6 · answered by Bostonian In MO 7 · 0⤊ 1⤋