I currently earn 8 dollars an hour and I want to know about how much i should expect to have deducted from my paycheck between taxes, social security, and medicare.
131998
You should deduct 6.2% for social security purposes and another 1.45% for Medicare taxes.  As for federal income tax, you would deduct approximately 25% for a grand total of 32.65% for Federal purposes.  Depending on your state, your state income tax rate could be anywhere between 0% to 9%.
42462
If you itemize deductions it's 1040. If you just use standard deductions its 1040A
87057
if you claim 0 they will take out  60.25 in fed tax. If you claim 1 they will deduct 50.73 in fed tax. IRS.GOV PUB 15 in the back are the tables
78243
www.salary.com is a great site to find information.  We had to do a similar project for my Advanced Algebra II class, where we made a budget and everything.  That site is awesome and it really helps.  It even tells you how much after taxes and everything.
363480
It means what you will be payed after tax is taken out. Just multiply your weekly wage by 4 to work out what you will be paid.
6055
There are a number of federal taxes that people pay.  Federal Income Tax is just one of them.  FICA taxes include both Social Security and Medicare.
404463
Your best bet is to complete a collection information form 433-A at the time you are to receive your Social Security benefits.  This statement will help determine how much IRS will make you pay toward your debt after allowances for food, clothing & other expenses (called National Standards), and housing, utilities & transportation expenses, (called Local Standards).  These Collection Financial Standards are used to help determine a taxpayer's financial ability to pay a delinquent tax bill.
119910
They usually take 27(regular)-33% (overtime) out in taxes. So it would be between $279.44-$341.54.\n\nJust looked at my paystub and 26% was taken out last time. So 26% for you would be $269.09.
427356
ou may deduct up to $3,000 of the qualified child and dependent care expenses paid in a year for one qualifying individual, or $6,000 for two or more qualifying individuals. These dollar limits must be reduced by the amount of any dependent care benefits provided by your employer that you exclude from your income.\n\nirs.gov:  FAQ\nChild Care Credit/Other Credits \n\n7.1. Child and Dependent Care Credit & Flexible Benefit Plans\n\n7.2. Child Tax Credit\n\n7.3. Credit for the Elderly or the Disabled\n\n7.4. Hope & Life Time Learning Educational Credits\n\n7.5. Other Credits
197373
There is no refund of Soc Sec Tax unless you change jobs and exceed the dollar limitations.  Tax withholding should be the same at the end of the year IF all things are equal, such as pensions, health insurance etc.  The Soc. Sec. plus Medicare rate is 7.65% for the employee and 7.65% for the employer.   California has other issues as well.\nIf this doesn't help, be more specific in your question.
227631
I as an employer have to match my employee's "contribution" (ie tax) to social security and medicare, which is 7.65 percent.  Employee pays 7.65 and I pay 7.65.  I withhold the taxes, the employee actually pays them.  In your 100 dollars, as far as the federal government, I'm only out $7.65 for every $100 of wages.  However, I also have to pay workman's comp insurance and workforce development, which will vary depending on type of work.  I figured it out once, and I believe it cost me $12.50 or so for every $100 of wages.  That's to government agencies and insurance.  Benefits add to that.  Hopefully, you are mistaken about the 72.6 percent in your question, because why would any employer want to hire anyone in Siberia, if it costs him that much?
549881
Why don't you ask your local payroll office.  There should be a number on your pay slip.
182373
The monthly federal SSI check will be reduced according to what your husband's income is. I don't recall how the deduction was figured out as to how much I'd get each month.You could contact SS and find out or your case worker and I'm sure that person could help you out.
42128
The IRS has a simple equation thus,\nHow much did you earn.....+\nHow much did you spend...-\nGive us the rest...........=
34154
Take a look at salary.com. You can get an estimate there.
357284
Your employer is REQUIRED by law to social security and medicare taxes.  They are also responsible for their portion of the social security and medicare taxes.\n\nYour taxes, if you received a 1099, could be over 40%!  You would be responsible for the 15.4% self-employment tax, plus your ordinary income tax rate.  That's not a good proposal.
173892
I have added a link below to the IRS 2005 Tax Rate Schedules page. This will help you identify how much federal tax you'll pay. In addition, you'll find Income Tax Rates for New York and Illinois at links below.\n\nTake care.