2007-06-17 16:14:00 · 8 answers · asked by catphish 4 in Business & Finance ➔ Taxes ➔ United States
It's based upon your gross income. Without knowing that, it's not possible to say.
Go here for some handy estimators: http://www.paycheckcity.com
BTW, TX doesn't have an income tax.
2007-06-17 17:44:32 · answer #1 · answered by Bostonian In MO 7 · 1⤊ 0⤋
The exact percentage will vary, depending on what you earn in a week, unless you are salaried. Then obviously since paychecks are the same, your tax withholding should be roughly the same. My percentage of federal taxes varies from about 22-28% depending on just how much overtime I work. For an estimation, you can look at previous pay checks for the year, unless you are making dramatically different at one job from another.
2016-05-18 03:45:40 · answer #2 · answered by ? 3 · 0⤊ 0⤋
The percentage deducted would depend on what your are paid.
Since when does Texas not have income tax? I just paid my quarterly estimated income tax.
2007-06-17 16:17:43 · answer #3 · answered by Sparkles 7 · 1⤊ 0⤋
Try to think $10 is taken for every $50 earned, or $20 per $100 earned. It does work out to about 20%. I figured this equation a long, long, time ago, working on my own.
2007-06-17 16:21:48 · answer #4 · answered by Marissa Di 5 · 0⤊ 2⤋
Impossible to answer that without knowing what's on your W-4 and what your total income is.
2007-06-18 03:49:36 · answer #5 · answered by Judy 7 · 0⤊ 0⤋
with the current tax rates (state and federal) you're looking at total deductions of about 18.6% of your gross pay. This does NOT include anything that they may deduct for insurance and/or 401(k) contributions.
2007-06-17 16:18:05 · answer #6 · answered by jtwb568@yahoo.com 4 · 0⤊ 2⤋
figure 20% plus your pension contribution
2007-06-17 16:16:58 · answer #7 · answered by Anonymous · 0⤊ 1⤋
It depends on what your deductions are.
2007-06-17 16:17:44 · answer #8 · answered by Anonymous · 0⤊ 1⤋