If a person earns $1000.00 bi weekly before taxes, around what will they earn after taxes when claiming only one?
2007-10-04 17:35:58 · 3 answers · asked by WHOISTHEPUPPETMASTER? 5 in Business & Finance ➔ Taxes ➔ United States
state of Georgia
2007-10-04 17:44:40 · update #1
Assuming Single with 1 allowance on W4:
Federal deduction $101
Social security $62
Medicare tax $14.50
State: unknown (so did not figure out deduction)
Net pay check $822.50 (can be less if there is State income tax).
2007-10-04 19:50:01 · answer #1 · answered by MukatA 6 · 2⤊ 0⤋
$1K bi , is $26K annual , and since you did NOT tell us your state , the after fed amount should be around $20.8K annual , or $800 per check .
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2007-10-05 00:41:15 · answer #2 · answered by kate 7 · 2⤊ 0⤋
Am I good with numbers? Heavens no!
2007-10-05 00:41:31 · answer #3 · answered by Mamapie2u 6 · 1⤊ 0⤋