Question

 How much in taxes is deducted from a paycheck?

Answer The amount of money that is withheld from your paycheck depends on your income and the number of exemptions you claimed on your W-4 form. In addition, 7.65 percent of your income is withheld for F... Read More »
http://www.answerbag.com/q_view/1868798

Top Q&A For: How much in taxes is deducted from a paycheck

Can I Claim Insurance Premiums Deducted From a Paycheck on My Taxes in Michigan?

Your health insurance premiums can be a federal tax deduction. This is true regardless of whether you pay your insurer directly or your employer takes the money out of your paycheck. You cannot ded... Read More »
http://www.ehow.com/info_8675715_can-deducted-paycheck-taxes-michigan.html

How much in medical expenses can be deducted from income taxes?

Medical and dental expenses that qualify for income tax deductions must exceed 7.5 percent of your adjusted gross income. Use Form 1040 Schedule A to find qualifying amounts.Source:IRS Medical Dedu... Read More »
http://www.answerbag.com/q_view/1793013

How much do taxes& Medicaid take from my paycheck?

The amount of taxes taken from your paycheck depends on how many deductions you claim and how much money you earn. Money for Medicaid is not taken out of your paycheck. Self-employed people must pa... Read More »
http://www.answerbag.com/q_view/2112820

How much in taxes gets taken from a paycheck?

The amount of taxes withheld from your paycheck depends on the type of tax. Social Security tax is withheld at 6.2 percent of your gross income and Medicare tax is withheld at 1.45 percent. Federal... Read More »
http://www.answerbag.com/q_view/2117538


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