If I earned a $750 in the Dallas area of Texas, how much am I actually going to take home after tax.
18 years old, living on own in 1 bedroom apartment.
(Can you provide answers and paycheck tax tables? Thanks)
2007-07-22 19:49:02 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Try the website
paycheckcity.com
They have a program that will calculate your net pay depending on what you file your W-4 and the respective state the wages are earned.
2007-07-22 23:08:42 · answer #1 · answered by Itsok 3 · 0⤊ 0⤋
Did you earn all this in one paycheck? How many federal deductions did you claim on your 2007 W-4 form? Do you have a second job? Is this your main job? We can't even begin to answer your question until you answer those. Your age and living arrangements are irrelevant to the answer.
2016-04-01 08:22:10 · answer #2 · answered by ? 4 · 0⤊ 0⤋
The Federal Withhold tables you are looking for are on page 24 of the following link:
http://www.irs.gov/pub/irs-pdf/p15a.pdf
Don't forget to deduct 0.062 for Social Security($750 x 0.062)and 0.0145 for Medicare($750 x0.0145).
Before you take out your Federal withholding you have about $714.37
I wish you the best.
2007-07-22 20:14:56 · answer #3 · answered by oldcorps1947 6 · 1⤊ 0⤋
It's hard to tell you as The tax you pay goes by the amt. you make and there is a standard tax reduction allowance also. Please call them to get accurante info. I always check with the irs and I have them done by tax people. It's better to be safe than sorry. They have a toll free # and I can't find my phone book. bettyk
2007-07-26 15:43:31 · answer #4 · answered by elisayn 5 · 0⤊ 0⤋
Go here for some handy paycheck estimators: http://www.paycheckcity.com/netpaycalc/netpaycalculator.asp
2007-07-23 00:53:07 · answer #5 · answered by Bostonian In MO 7 · 0⤊ 0⤋