how much do they take out of your pay for taxes?

[83Mustang427TT]

Hey Guys i've got a new job pretty good one I make 10.50 and hour to start and I claimed my son this year since he was born on apr.23 just wondering if anyone knows how much they usually take from yor paycheck each week in taxes? I heard around 15% ?!?! Im in NJ if that matters

 

[Aaron]

It all depends on what you are claiming when you filled out your tax paperwork. I claim 0 now so I have a lot taken out but get a nice refund at the end of the year. If you claimed 1, it will be a smaller percentage taken out, but you won't get as big of a refund later.
There are a lot of variables here...

 

[83Mustang427TT]

I claimed 1 ,my son I thought it was 15% for every hundred?

 

[the pony boy]

i live in ny.i dont pay city tax but i pay state and fed.and they get me for about 22% my checks have me at single 0 but are suposed to me married 1 so that should change a little.if i still lived in the city it would be about 3-5%higher. phil

 

[tunedin302]

35% plus I have an additional $500 w/held each month for uncle sam due to our (my wife and I) joint filing status.

 

[wythors]

Between taxes, life and disability insurances and my 13% 401k deduction, I take home about 68 cents of every dollar I earn.

 

[mustangjoe87]

Gotta love giving the government a no interist loan for a full year.

 

[90mustangGT]

In my buisness, (auto tech) one week can vary a lot to another. The more you make, the more they take, and the percentage rises as your income rises.

 

[Jaswir]

they take about 232 dollars a week... and i claim one

 

[bubba-dough]

single + no dependants = 1 ass raping......But its about 28% of my check thats federal, state, county, fica, medicare and union dues.

 

[retro50]

$232.00 A week here.

 

[LS-what?]

1355 gross a week took home 930 something

single and 0

gotta love it

 

[85GTlover]

I just worked 16 days straight 12hrs per day and for the one 7 day period sun-sat i paid $1793 TAX. This is Canada for you, for the total 16 days I paid $3793 in tax alone. But I did take home $5600 cash so I guess I cannot complain.....hell yes I can, the taxes we pay here are ludicrous, plus we pay another 14% on almost all things we buy. Here the taxes increase after around 30k then more at 70k then at over 100k you really get raped, but I hope to see a good refund as I do not make that much on a regular basis. In your pay rate I imagine 15% would be close no more than 20%, and claiming a child would further reduce what you pay. Your tax system is much more reasonable than ours.

 

[trents99]

Why are you single guys claiming 0? You're giving your money away in an interest free loan for a year. You think Uncle Sam would give you an interest free loan? I claim 2 and got back a little less than $100 last year. That's close enough for me to break even.

You can get a pretty good estimate of how your paycheck would vary with different withholding status at www.paycheckcity.com

 

[rigamaroles]

Canada's tax system isnt that bad, you receive every penny of what you pay if you dont clear 17k a year, and if you clear that then you get 85% back. You also get your gst cheques every three months if you make less than 35 grand a year. Its kinda funny that you say you dont make much though when you got a 5k cheque...I make that in 4 months...

 

[mob]

Im only 17 so idk about the whole claming thing, but My paychecks are like 310-360 every 2 weeks, and they take out about 50-70 dollars every paycheck, It REALLY pisses me off, I only worked for a few months last year and they gave me like 165 bucks back at the end of the year, but hoesntly Id rather have the money in the paycheck then a decent check at the end of the year.

 

[wht93gtEd]

I'm in NJ....

0 dependents, including my medical, dental, vision contributions, plus federal and state taxes...comes out to about 28% total.

I have't signed up for the 401l yet, so that'll add some too.

 

[wht93gtEd]

I'm in NJ....

0 dependents, including my medical, dental, vision contributions, plus federal and state taxes...comes out to about 28% total.

I have't signed up for the 401k yet, so that'll add some too.

 

[wht93gtEd]

gah...friggin double post...


my slow ass internet has just me

 

[83Mustang427TT]

I'm in NJ....

0 dependents, including my medical, dental, vision contributions, plus federal and state taxes...comes out to about 28% total.

I have't signed up for the 401k yet, so that'll add some too.

Looks like I'll be closer to you Ed with the exception that I have 1 dependant my son, I get the 401K and the medical dental vision and life insurance ...I pretty much work for the goverment making making gas masks for the army you think they'd cut us a break but I doubt it .How does the 401K work Im only 25 years old and unforntunatly have never had a job that had it until now .Its like a retirement fund you can take money from right? you pay in and the company pays in to match it then when you need it you can take it out right?