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I am working Min wage, and I want to know the percent of tax in Oklahoma for
FICA EE
MEDICARE
RED W/H
OK W/H
P.S.
I work for Dollar General

2007-04-21 12:40:42 · 3 answers · asked by Anonymous in Business & Finance Taxes United States

3 answers

FICA is social security you pay 6.2% I think close to this
Medicare you pay 1.4% I think but close to this.
your employer also has to match what you pay although you never see this and may not realise it. The income tax question needs more detail to answer but at minimum wage generally you would pay very little in federal tax, I have no clue about Oklahoma tax.

2007-04-21 12:50:13 · answer #1 · answered by VTXrider 3 · 0 2

FICA EE is 6.2% for the first $94,200.
MEDICARE is 1.45% of all income.
FED W/H depends on how many allowances claimed on you W-4 and the $ amount of pay per week. It should not be more than 10% at minimum wage.
OK W/H = 3%

I linked both Federal and OK withholding tables below.
Where you work makes no difference.

2007-04-21 13:05:26 · answer #2 · answered by STEVEN F 7 · 1 0

Medicare and FICA are unaffected by the size of your wage--percentage together is always about 10%.

You may not even be required to pay federal income taxes, depending on filing status and exemptions.

2007-04-21 12:44:12 · answer #3 · answered by Still reading 6 · 0 2

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