The amount of taxes that you have to pay depends on how it affects your annual income. However, it is common practice to withhold about 20% of cash prizes for income tax purposes. 20% of 8000 is 1600.
250
Your employer should be the one that may be able to give you these numbers for the amount of employment taxes and income tax federal, state and local taxes that may be withheld from each 8000 a month pay periods. 8000 x 12 = 96000 for the year.
This will depend on the source of the income and what form it is reported to you on.
How much federal taxes do you have to pay on $600?
I am head of my house hold with a 17 month child how much will I get back for my taxes
250
I pay over 10.000 dollars in taxes this year how much of that will i get back if am married filling jointly
Your employer should be the one that may be able to give you these numbers for the amount of employment taxes and income tax federal, state and local taxes that may be withheld from each 8000 a month pay periods. 8000 x 12 = 96000 for the year.
This will depend on the source of the income and what form it is reported to you on.
your return would be $8000 per kid. but if you're married, your return would be$16000 per kid.
How much federal taxes do you have to pay on $600?
I am head of my house hold with a 17 month child how much will I get back for my taxes
If I get a severance package check for $120,000.00 how much is withheld in taxes, I live in NY? what do i pay in capital gains on 100000.00 dollars
probably
For income tax, this depends on your age and filing status. For most taxpayers, the minimum amount on which you must pay tax is over $8,000, so most people would pay no tax. The only exception is if you are married and filing separately.
The state of Ohio takes out 200 dollars. This is out of each pay check.
140.00