Posted by: thapap May 9, 2007
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except social security and medicare other taxes depends on your tax filing status too like single, married, with dependents et al.
6.14 % social security in first 93K
rest are for everything
1.40% medicate
1.00%-8.00% on STATE
10.00% - 33% for Federal
simple example for a single earning 100K/year paid biweekly
GROSS: 3846.15
SS TAX: 236.15
MEDIC : 53.84
STATE : 230.77
FEDER : 846.15
UNEMP: 22.15 [ only in CA]
ToTAL DEDUCTION: 1389.06
NET : 2457.09
for more information refer to irs.gov [ they have a publication in payroll taxes] publication ** [ 15 or sth like that ] then search for state tax and get the similar doc (O:
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as always
what do i know (O: