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No, it is an estimation based on your personal information, In Canada spouse, children etc.

I ask for more to be taken off my check so I don't have to pay right after Christmas

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Q: Is the amount of taxes withheld from each employee's paycheck is the exact amount that the employee will owe at the end of the tax year?
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What percentage of your paycheck is withheld for fica over 90000 dollars?

Employee amount for the Medicare tax is 1.45% on all wages. For the OASDI (SS) amount the amount of tax is 6.2% equal 7.65% total up to the 106800 of wage limit amount for the 2009 and 2010 tax year. When you have one employer the amount of FICA for your social security would stop once your wages with the withheld social security amount reach 106800 and social security amount withheld would be 6621.60


What percentage of state income tax is withheld on your paycheck in Wisconsin?

You will have to get the correct that will be withheld from your GROSS earnings for the pay period from your employer payroll department as they would be the ONLY on that would know how much they will withhold for your state income tax amount before they issued your NET take home paycheck You do NOT ever have any amounts withheld from your NET TAK HOME PAYCHECK after it is issued to you.


What is average amount of taxes taken out of a paycheck in California?

You do NOT EVER have any amounts TAKEN OUT OF a net take home paycheck after it is issued to the individual that earned the gross wages. Ever taxpayer situation is different so you DO NOT have ANY AVERAGE amount that would be withheld by the employers payroll department from each employees gross wages, earnings. The net amount that is on the paycheck that you have in your hand is your net pay for the pay period after all of the federal taxes and other necessary withholding amounts have been withheld from your gross earnings by your employer payroll department. You should get the information from your employer payroll department if you really need to know the correct numbers or amount that should be deducted from your gross earnings not from your paycheck.


Income tax withheld from each paycheck and sent tot he state or federal government?

The correct amount that was withheld for each one will be sent separately to the state and to the federal government.


A number that reduces the amount of money withheld from your pay?

The total Percentage amount of withholding for all items from gross wages or gross income. After the total Percentage amount is withheld from your gross pay amount then your net take home paycheck would be issued to you.

Related questions

What are used to determine the amount of federal taxes withheld from a paycheck?

what is used to determine the amount of federal taxes withheld from a paycheck


What is withholding payment?

Withholding is the portion of an employee's wages that is not included in their paycheck but is instead remitted directly to the federal, state, or local tax authorities. Withholding reduces the amount of tax employees must pay when they submit their annual tax returns. For employees, withholding is the amount of federal income tax withheld from your paycheck. The amount of income tax your employer withholds from your regular pay depends on two things: The amount you earn. The information you give your employer on Form W–4.


What percentage of your paycheck is withheld for fica over 90000 dollars?

Employee amount for the Medicare tax is 1.45% on all wages. For the OASDI (SS) amount the amount of tax is 6.2% equal 7.65% total up to the 106800 of wage limit amount for the 2009 and 2010 tax year. When you have one employer the amount of FICA for your social security would stop once your wages with the withheld social security amount reach 106800 and social security amount withheld would be 6621.60


What is the tax withholding percentage deducted depending on the amount of gross pay earned?

All tax the is withheld from your paycheck is based on your gross income for the pay period. The percentage for FICA for the employee is 6.2% and for Medicare tax is 1.45% of your gross income. Now the State and Federal Income tax withheld is based on your gross income but is not just a percentage. There are tax tables that give the amount to be withheld and it takes into account the filing status of the employee and the number of exemptions he/she claims on their W-4 form. The employee can also have additional flat amounts withheld in addition to the tax table amounts. The taxpayer can also claim exempt from Federal and/or State withholding if they did not owe any tax in the previous year and do not expect to have any tax due in the current year. The employee is completely responsible for these actions. The employer matches the FICA and Medicare Taxes that are withheld from the paycheck, so in effect the employer and employee each pay half of these taxes.


What percentage of state income tax is withheld on your paycheck in Wisconsin?

You will have to get the correct that will be withheld from your GROSS earnings for the pay period from your employer payroll department as they would be the ONLY on that would know how much they will withhold for your state income tax amount before they issued your NET take home paycheck You do NOT ever have any amounts withheld from your NET TAK HOME PAYCHECK after it is issued to you.


What is average amount of taxes taken out of a paycheck in California?

You do NOT EVER have any amounts TAKEN OUT OF a net take home paycheck after it is issued to the individual that earned the gross wages. Ever taxpayer situation is different so you DO NOT have ANY AVERAGE amount that would be withheld by the employers payroll department from each employees gross wages, earnings. The net amount that is on the paycheck that you have in your hand is your net pay for the pay period after all of the federal taxes and other necessary withholding amounts have been withheld from your gross earnings by your employer payroll department. You should get the information from your employer payroll department if you really need to know the correct numbers or amount that should be deducted from your gross earnings not from your paycheck.


What is the difference between employee's and employees'?

Employees is speaking about the amount or how many employees there are. EX: I have alot of Emplyees Employee's is referrinh to something the employee owns. EX:Don't take that that is my employee's notebook.


Income tax withheld from each paycheck and sent tot he state or federal government?

The correct amount that was withheld for each one will be sent separately to the state and to the federal government.


A number that reduces the amount of money withheld from your pay?

The total Percentage amount of withholding for all items from gross wages or gross income. After the total Percentage amount is withheld from your gross pay amount then your net take home paycheck would be issued to you.


How much taxes taken out of paycheck in Ohio?

Nothing will be withheld from your paycheck because the paycheck is issued to you after all of the necessary taxes have been withheld from your gross earnings (wages). You should get this information from your employer payroll department as they will be the one that would know how much FICA, federal income tax, state income, local taxes, etc they will have to withhold from your hourly pay or gross pay for the pay period. After the withheld amount for all taxes is subtracted from your gross wages (earned income) your paycheck will issued for the net amount of your earning (wages).


How much tax is taken out of someones paycheck when they 10000?

The amount of money withheld from a paycheck depends on your selection on your W-4 that you give your employer. The most will come out if you select 0.


What percent of your paycheck is taxes in California?

Your employer would be the one that could give you the percentage amount that you could use to try and determine the amount that you may bring home after all of the taxes federal and state are withheld from your paycheck.