i am 16 years old, and work at mcdonalds...
i live in michigan
does anyone know how much they can take out of my paycheck for taxes?
2007-08-26 07:31:09 · 3 answers · asked by alpha_omega162009 2 in Business & Finance ➔ Taxes ➔ United States
On my last paycheck, I made $233.37 but with taxes taken out I only got $193.33. They took out $39.94 for taxes:
$13.00 for Federal Tax
$14.46 for Social Security
$3.38 for Medicare
$9.10 for State Tax
I work at a Movie Theater.
2007-08-26 08:15:51 · answer #1 · answered by asj1002 3 · 0⤊ 0⤋
They will take out 7.65% for social security and medicare, and you won't get that refunded to you.
Depending on what you put on your W-4 form, they might or might not take out additional amounts for federal and state income tax. If they do withhold any income tax, then depending on how much you make total for the year, you might get some or all of it back. If you make over $5350 for the year, you won't get it all back.
2007-08-26 14:47:45 · answer #2 · answered by Judy 7 · 2⤊ 0⤋
very little or they are not supposed to
2007-08-26 14:44:22 · answer #3 · answered by Anonymous · 0⤊ 4⤋