I live in Pennsylvania.
2007-11-08 09:19:17 · 9 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
i have two kids
2007-11-08 09:24:56 · update #1
There are a lot of factors. Check out Paycheckcity.com. You can enter all you information for an estimate of what your check will be.
http://www.paycheckcity.com/netpaycalc/netpaycalculator.asp
2007-11-08 09:23:07 · answer #1 · answered by WordNerd 3 · 2⤊ 0⤋
1
2007-11-08 10:33:41 · answer #2 · answered by Anonymous · 1⤊ 1⤋
You will have to pay 3% state wage tax, 3% medicare tax, 6.5% Social Security tax, 0.5% unemployment insurance tax and possibly 1% local wage tax. 14% of $12 is $1.68 per hour.
You may claim 3 on your withholding for the IRS. You may not owe any federal income taxes. You can go to www.irs.gov. Look for instructions on how to estimate 2008 income taxes.
2007-11-08 09:31:55 · answer #3 · answered by regerugged 7 · 0⤊ 0⤋
It really depends on if you have dependants or if someone can claim you as a dependant. Check with your local social security office they can help figure that out.
2007-11-08 09:27:25 · answer #4 · answered by H B 3 · 0⤊ 0⤋
you need to do 12*40 and then divide the product by.05 which is tax.
this would get you to $96.00 off of that $480, so therefore, you would make $384
2007-11-08 09:24:55 · answer #5 · answered by Anonymous · 1⤊ 2⤋
Just a rough estimate... About 25% of your gross wages will be withheld for IRS and Social Security.
2007-11-08 09:30:08 · answer #6 · answered by JetDoc 7 · 0⤊ 1⤋
after taxes your take home pay will be around 450.00 a week
2007-11-08 09:22:07 · answer #7 · answered by Anonymous · 1⤊ 1⤋
figure 20-25%
2007-11-08 09:21:49 · answer #8 · answered by Anonymous · 0⤊ 1⤋
That depends on how many you are claiming---
2007-11-08 09:22:49 · answer #9 · answered by jeiibeens37 1 · 2⤊ 0⤋
nothing
2014-07-24 10:14:30 · answer #10 · answered by Jamie Hicks 2 · 0⤊ 2⤋