what is the tax percentage? 10% 15% or 20%?
2007-05-14 09:35:45 · 3 answers · asked by rachellesocrazy 1 in Business & Finance ➔ Taxes ➔ United States
Cannot answer without knowing your Marital Status and your pay frequency.
However you can just go to : http://www.unipayco.com/form.html and put those in yourself after you click on Paycheck Calculator.
2007-05-14 09:40:20 · answer #1 · answered by Joseph T 4 · 0⤊ 1⤋
None of the above. The actual amount withheld depends on how frequently you are paid and if your W-4 indicates married or single. In any case, withholding is NEVER a fixed percentage of your pay. After an the value of your allowance is subtracted. The withholding is computed in a manner similar to how tax is computed on your year end taxable income. The first $X are taxed at 10%, the next $Y at 15%, etc. The IRS publication linked below contains withholding tables.
2007-05-14 20:12:33 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋
It varies based upon many factors. Go here for some handy estimators: http://www.paycheckcity.com
2007-05-14 16:41:23 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 2⤋