what tax percentage is taken out of gross pay and what percentage is net (using only fed. and state).?

Answer 1

That depends upon many factors. Your filing status, number of exemptions, and your gross income all come in to play. From as little as 7.65% to around 42% for Federal, plus whatever the state takes.

Answer 2

Well, there are a lot of variables that goes into determining the real answer, but I would say your net pay is about 75 percent of the gross and 25 percent for taxes--that's conservative--you'll probably get more net.

Answer 3

You decide how much is taken out when you fill out your w-2's. Dependents and earnings will determine the amount they withhold.