I live in Rhode Island, and just started a new job at a boat yard. How would i go about figuring out how much I would make after all taxes are taken out...?
2007-08-17 17:01:12 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
http://www.Salary.com has very accurate calculators.
When I got a job with a $10K salary increase, I used their calculator. It was on the dollar, even with my 401k contribution!
2007-08-17 17:08:48 · answer #1 · answered by Anonymous · 0⤊ 0⤋
From every paycheck you have to pay 6.2% social security, 1.45% medicare and then Federal tax, State Tax and state SDI.
If you are Single with no dependant then out of your total yearly income about $8,500 are deductible. On the balance your Federal tax will be about 12% and Rhode Island tax plus SDI will be about 6% (assuming that you are working at near minimum hourly rate).
2007-08-18 02:35:13 · answer #2 · answered by MukatA 6 · 0⤊ 0⤋
Try paycheckcity.com
2007-08-18 00:14:18 · answer #3 · answered by Judy 7 · 0⤊ 0⤋