Just need a figure about how much the take home pay.?
2007-10-03 02:40:53 · 2 answers · asked by . 3 in Business & Finance ➔ Taxes ➔ United States
According to the chart I am looking at, if you filed single with 0 exemptions then they will hold out $28 per week for federal tax. They will also hold out state tax, medicare and social security. I don't know how much those will be. I would guess roughly $50 per week held out for everything but that could vary depending on what state you live in.
2007-10-03 02:52:26 · answer #1 · answered by angela 6 · 0⤊ 0⤋
You'll gross $14,560 for the year. They'll take out $21.42 a week for social security, and your federal tax for the year would be $581 so that would be another $11.17 a week. Depending on what you put on your W-4, the actual deduction each week might be more or less than that - if it's more, you'd get the rest back as a refund when you file your tax return.
Depending on where you live, there might also be state and local tax.
Go to paycheckcity.com and enter your info to get an estimate of your weekly deductions and take-home pay.
2007-10-03 10:40:22 · answer #2 · answered by Judy 7 · 1⤊ 0⤋