2007-11-26 04:15:33 · 3 answers · asked by Refugio O 1 in Business & Finance ➔ Taxes ➔ United States
Payments for social security and medicare totalled 7.65% if you were an employee, more if you were self-employed. Your federal income tax depended on your personal situation like income, filing status, dependents, adjustments and deductions, so without more info there's no way that anyone here can answer that. But if you have a copy of your tax return you can figure it out - divide your total tax by your income and multiply by 100 to get a percent.
2007-11-26 06:17:18 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
Did you file your 2006 federal income tax return?
If yes, what is your total income and federal tax (as per your return)? Then we can tell you the percentage.
Social security tax is 6.2% and medicare is 1.45%.
2007-11-27 03:59:35 · answer #2 · answered by MukatA 6 · 0⤊ 0⤋
Income tax depends on your bracket. FICA and Medicare is 7.65% of your wages.
2007-11-26 13:41:09 · answer #3 · answered by Anonymous · 1⤊ 0⤋