It depends on your state, and the number of exemption you are claiming. It can range from 0 tax (exempt) for federal and state on up.
You may have disability taxes you have to pay too.
Medicare is 1.45% and Social Security is 6.2% no matter what you claim for fed and state however.
2007-12-17 09:04:03
·
answer #1
·
answered by Jen 5
·
0⤊
0⤋
Depends on what you put on your W-4 form That tells your employer how much taxes to deduct from your pay, so you'll have the ability to pay your taxes at tax time (April 15) without having to come up with the money from your savings.
At that rate of pay, you would be in the lowest tax bracket (23% federal). But, figure that another 5% or so goes to social security, disability, etc. And, there's another 10% or so that comes out for state taxes (depending on the state you're in).
So, assuming you filed your W-4 correctly, you would have about 37% deducted from your pay. You would then take home about $300.
2007-12-17 09:06:19
·
answer #2
·
answered by Paul in San Diego 7
·
0⤊
0⤋
Deductions are based upon how you set up your w-4 with your employer. Generally, FICA and Medicare are 7.65%, Federal about 10%, and State/Local maybe 5-6%, depending on the state. So altogether, taxes may be from 20-25%. Also, if there are other deductions such as dues, medical insurance, 401k, etc. If you have no other deductions, you are looking at a paycheck of about $350.
2007-12-17 09:11:38
·
answer #3
·
answered by Country Boy 5
·
0⤊
0⤋
Depends on is you are single or married and how many exemptions you have. For a rough estimate, you can go with 25% for taxes.
2007-12-17 09:02:55
·
answer #4
·
answered by KD 5
·
0⤊
0⤋
what percentages did you have taken out?
2007-12-17 09:03:13
·
answer #5
·
answered by diablo 6
·
0⤊
0⤋