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How much tax do I have to pay for 35000 yearly salary with my wife and 4-year-old son as my dependents?
Wiki User
∙ 14y ago
For 2008 tax returns, the Married Filing Jointly standard deduction of $10,900 and three exemptions at $10,500 would be subtracted from your salary. That makes your taxable income $13,600. The Married Filing Jointly tax is $1,363. Your tax is further reduced by any credits for which you're eligible (earned income, etc.) and any income tax withheld by your employer.
Wiki User
∙ 14y ago
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