2007-10-26 19:46:03 · 3 answers · asked by C C 1 in Business & Finance ➔ Taxes ➔ United States
If you are referring to the annual federal tax(?), it will be based on the number of exemptions you have.
With your first paycheck, look on the stub that is attached and find Fed. Take that amount and divide it by the gross amount of your check - this will give you the % you are paying in federal taxes.
2007-10-26 20:54:23 · answer #1 · answered by G N A 6 · 0⤊ 0⤋
What is annual tax report? May be you mean annual tax return. Like for your income in 2007, you may be required to file your tax return on or before April 15, 2008.
Please rewrite you question.
2007-10-26 20:48:16 · answer #2 · answered by MukatA 6 · 0⤊ 0⤋
The tax rate is based upon your income. The higher your income the higher the percentage. Go here for some handy estimators: http://www.paycheckcity.com
2007-10-26 22:09:42 · answer #3 · answered by Bostonian In MO 7 · 1⤊ 0⤋