How much money do Federal Taxes take away?
if i make 100,000 thousand a year?
2007-07-10 17:41:33 · 5 answers · asked by Anonymous in Business & Finance ➔ Careers & Employment ➔ Marketing & Sales
Can't say. Depends upon MANY variables. Marital status, age, # of dependents, deductions, credits, the source of the income, etc.
2007-07-10 17:44:50 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
About 25-30%.
2007-07-11 00:44:14 · answer #2 · answered by arkiemom 6 · 0⤊ 0⤋
State tax varies from 1/2/ % to 51/2/%
Federal Tax is 16%
2007-07-11 01:05:44 · answer #3 · answered by fmhguitars 4 · 0⤊ 1⤋
Between Income, Social Security, and Medicare... about 35,000.00. Minus deductions.
If you are self employed, it will be even more, as you have to pay twice the tax.
2007-07-11 00:45:34 · answer #4 · answered by Mike 6 · 0⤊ 0⤋
It depends on the state u are in. Because here in MD its 5% on the dollar.
2007-07-11 00:46:02 · answer #5 · answered by ashleigh2501 3 · 0⤊ 0⤋