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wut is the gov't take out for taxes i so i want to know wut i have left from 1,200 i think it 900$


and i live in new york city if that help

2007-11-02 14:32:52 · 8 answers · asked by Anonymous in Business & Finance Taxes United States

8 answers

look here instead

http://www.paycheckcity.com

but for NYC that isn't much

2007-11-02 14:36:29 · answer #1 · answered by Anonymous · 2 0

It all depends on how many withholding allowances you claim on the W-4 form your employer gave you to fill out. If you want to have the maximum withheld, claim 0, the minimum, claim 99. The more you claim, going up from 0, the less will be withheld. In the past I have claimed up to 10.

Your employer is required to withhold income tax from your wages as if you are single with zero allowances if you do not submit a Form W-4.

2007-11-02 14:36:54 · answer #2 · answered by Anonymous · 1 0

figure federal income tax, is gonna be about 25%, which includes FICA and Social Security taxes. If ;that is all you make in NYC, you may want to look for a second job.

2007-11-02 14:36:26 · answer #3 · answered by MR_SOUFF 2 · 0 0

i believe that means you are making 2400 a month and times 12 is 28,800 a year. That would put you in a 30% categories of taxes to be taken out. if this is not trues, please ask your company or vall the IRS and find out from them what the percentage rate of taxes you are in making 28,800 a year.

i hope this helps.

2007-11-02 14:39:31 · answer #4 · answered by calrugbygirl 2 · 1 0

You are very close. Taxes typically account for 25% of your total gross.

2007-11-02 14:35:22 · answer #5 · answered by Dotch 2 · 0 0

Some advise, take your $1200 and pay for a class that will teach you to spell and write a decent sentence...

2007-11-02 15:24:16 · answer #6 · answered by Anonymous · 1 1

Not enough info given to give you an accurate answer - go to paycheckcity.com and fill in the info it asks for and you'll get a real close estimate.

2007-11-02 15:27:55 · answer #7 · answered by Judy 7 · 1 1

Lucky you. I would kill to have that much money

2007-11-02 14:36:00 · answer #8 · answered by ♥♥♥♥♥♥♥ 2 · 0 0

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