2007-04-21 11:09:38 · 13 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
It depends on what state you are in and how many exemptions you claim for federal.
2007-04-21 11:12:15 · answer #1 · answered by shanndawn 3 · 0⤊ 0⤋
Others have already told you more information is needed for an accurate answer. SS/Medicare is 7.65%. State tax I can't help at all without knowing what state. Federal withholding tables can be found at the link below.
Note to everyone the mentioned a rule of thumb: There ARE NO rules of thumb worth the paper Yahoo prints these questions on. Yes, I am aware these questions are not printed on paper.
2007-04-21 13:39:53 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋
What state? How many exemptions did you claim? If you claim a lot of exemptions, your deduction may be reduced a great deal. Are you single, married, or head-of-household? I'd say Federal would be about 12% and state 4%. If you're lucky to live in Washington where you don't pay state taxes, then you will pay 0% for state.
2007-04-21 11:21:52 · answer #3 · answered by Me 4 · 0⤊ 1⤋
You will always have 7.65% Social Security/Medicare tax deducted. Federal and state withholding will depend on the number of exemptions your claim on your W-4, and of course what state you live in. You didn't provide either of those bits of information, so I can't give you an answer for that part.
2007-04-21 11:12:35 · answer #4 · answered by Brian G 6 · 1⤊ 0⤋
Impossible to answer--how many exemptions do you have; what state do you live in; are you single, filing jointly, head of household; etc.
You'll always pay at least the FICA and medicare taxes which together amount to about 10%. You can go to 2006 1040EZ which will give you an idea of your total federal income tax obligation, and the state you'll have to find out on your state's website.
2007-04-21 11:54:59 · answer #5 · answered by Still reading 6 · 0⤊ 1⤋
Federal taxes depends on the number of dependents and any tax credits you may qualify for. The IRS has a calculator on their website that lets you calculate it ahead of time. http://www.irs.gov/individuals/page/0,,id=14806,00.html
2007-04-21 11:16:46 · answer #6 · answered by baktum2 2 · 0⤊ 0⤋
As others said, it will depends on your filing status etc.
Go to this Tax Estimation Calculator on H&R Block web site and input your data to find out your take home pay.
http://www.hrblock.com/taxes/tax_calculators/index.html
Best wishes.
2007-04-21 11:21:56 · answer #7 · answered by JQT 6 · 0⤊ 0⤋
There is no way to know without knowing your state, marital status, and deductions. I would guess about $100 if single.
2007-04-21 11:15:47 · answer #8 · answered by Barkley Hound 7 · 0⤊ 1⤋
There is no set percentage. State varies by, of course, state. Federal is in brackets.
I figured mine in Illinois to be approx. 30% a week, but in Maine it was only 19% a week.
2007-04-21 11:12:33 · answer #9 · answered by Jez 4 · 0⤊ 2⤋
it will have it on your pay stub every state is different in how much taxes they take out if you get paid every two weeks divide it and that will let you know :)
2007-04-21 11:12:56 · answer #10 · answered by Anonymous · 1⤊ 0⤋