Rough estimate, how much percent of one's paycheck is usually taken out for tax?

[Nocturnal]

Is it in the average of 30% per paycheck that goes to taxes?

 

[Shockwave]

Around 20% for me I think, but I have a army's worth of deductions.

 

[dullard]

I'd say ~20%-25% is typical for a typical wage earner. Me, I'm at 23% after payroll tax and federal/state income tax.

 

[Ausm]

Mine is 30% for state and Fed..


Fvckers!!


Ausm

 

[Shockwave]

Originally posted by: Ausm
Mine is 30% for state and Fed..


Fvckers!!


Ausm

Wanna borrow a kid?

 

[waggy]

Originally posted by: Shockwave

Originally posted by: Ausm
Mine is 30% for state and Fed..


Fvckers!!


Ausm

Wanna borrow a kid?

having a kid was great. I get more of my paycheck!

 

[SarcasticDwarf]

16% as a student claimed as a dependant under my parents.

 

[CPA]

Mine's about 11%, thanks to Married & 6, and 401k deduction.

A lot depends on how you set up your W4.

 

[Nocturnal]

What if you put down 0 on your form that asks you how many people you claim both for fed and state? Would it be roughly 30%?

 

[btz0013]

depends on your income
and whether you can claim deductions on stuff like a mortgage and business expenses and whatever

 

[nakedfrog]

Yeah, they're taking about ~30% of mine. I'll get ~30% of what they took back in tax returns though

 

[SpunkyJones]

Dam, I just checked and its over 25%.

 

[Shelly21]

Er, what's 825.16 tax out of 3326.47? (My last stub for 8/1 - 8/15)

 

[pulse8]

Originally posted by: Shelly21
Er, what's 825.16 tax out of 3326.47? (My last stub for 8/1 - 8/15)

How you doin'?

 

[DT4K]

How much gets taken out is irrelevant without considering how much of that you get back at the end of the year.

 

[RagingBITCH]

Originally posted by: Shelly21
Er, what's 825.16 tax out of 3326.47? (My last stub for 8/1 - 8/15)

Marry me! (I asked you once before)

 

[Shelly21]

Originally posted by: pulse8

Originally posted by: Shelly21
Er, what's 825.16 tax out of 3326.47? (My last stub for 8/1 - 8/15)

How you doin'?

Actually I have about 20+ hours overtime during that period so it is a bit misleading.

 

[pulse8]

The wedding is off!

 

[Shelly21]

Originally posted by: RagingBITCH

Originally posted by: Shelly21
Er, what's 825.16 tax out of 3326.47? (My last stub for 8/1 - 8/15)

Marry me! (I asked you once before)

Yes, I don't recall giving you an answer.

 

[welst10]

I think you can fill out a W-4 form and send it to your payroll dept to adjust the withheld amount. Keep in mind that the withheld amount is just an estimate of what you actually owe to the IRS.

 

[tranceport]

33% roughly.

 

[sygyzy]

Originally posted by: Shelly21
Er, what's 825.16 tax out of 3326.47? (My last stub for 8/1 - 8/15)

Attention who....anyone?

 

[Dizway]

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