http://www.moneychimp.com/features/tax_brackets.htm
That site doesn't help for state.
Let's take an honest look at what they get you. A single guy making 52K a year:
Federal Tax is 25% State tax is 6% SSI is 7.65% that they tell you about and 7.65% that they hide claiming your boss pays that for you.
Medicare tax is 1.5% that they tell you about and 1.5% that your boss pays
Total tax load for this guy: 49.3% of his wages
After that he is free to but stuff... he will lay 5.6% sales tax for most items in Wisconsin. Up to 40% tax if he rents a hotel or car.
Makes you wonder how they spend that much of your money.
I won a lottery ticket in Wisconsin, worth $10,000, how much federal and state tax will be taken out?
Alot
The percentage of taxes taken out of a paycheck depends on the number of exemptions you are allowed to claim. The average amount taken out is 15% or more for deductions including social security and income tax.
No
it would depend on the state
27%
I won a lottery ticket in Wisconsin, worth $10,000, how much federal and state tax will be taken out?
What is percentage of federal taxes in texas?
Enough. This ain't Texas. But looking at my latest paycheck, 4.65 percent went to city and state. That's with 2 allowances. Then there's the 8.875 percent sales tax.
A paycheck is the money received when working a business. The paycheck will include the amount they have earned after taxes have been taken out.
A paycheck is the money received when working a business. The paycheck will include the amount they have earned after taxes have been taken out.
Working through a financial calculator will help to show the value taken out of your paycheck. This website provides a calculator to view what you should expect can be taken out of your paycheck http://www.moneychimp.com/features/tax_brackets.htm
The percentage that is taken out of your paycheck depends on your exemptions and the amount of money you make. Generally, around 15% is taken out of each paycheck and held for taxes, social security and other fees.
mississippi
Alot
How much is being taken out of your paycheck in taxes
The percentage of taxes taken out of a paycheck depends on the number of exemptions you are allowed to claim. The average amount taken out is 15% or more for deductions including social security and income tax.