answersLogoWhite

0

Yes.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What tax do wage earners pay to the federal government in Australia?

Between 26 and 48% of their wage.


What tax do wage earners have to pay federal government?

5000$


How much can you earn and not pay taxes?

every one has to pay tax its the law there is always a amount that will get paid as tax out off you wage


What tax is taken from your salary or wage and what does it help to pay for?

the tax taken from salary or wage is the nhs , govement taxes for petrol etc and pensions for the old, this is all taken from your income tax


Do you pay New Mexico state tax if you live in New Mexico but work in Texas?

You pay New Mexico taxes, but your wage tax will still be deducted by Texas.


Retiring age 62 2018 Jan how much can i earn?

That depends on your income. If your total income (state pension plus wage) is less than the single person's tax allowance - you'll pay no tax. If your wage takes you over the current tax allowances - you'll pay tax on the WHOLE amount (including your pension) !


What is the real wage of congress after you figure in their benefits that the tax payers pay yearly?

Way to much !


What percentage of your wage do you pay tax on?

The percentage of your wage that you pay in taxes depends on several factors, including your income level, the tax laws in your country or region, and any deductions or credits you may qualify for. In the U.S., for example, federal income tax rates range from 10% to 37%, depending on your income bracket. Additionally, state and local taxes may apply, which can vary widely. Overall, the effective tax rate can be significantly lower than the marginal rate due to these factors.


What is a tax on what people earn?

Depending on how broad your interpretation of "earn" is, it can be a wage tax, a payroll tax, or an income tax.


Does a wage garnishment affect your tax refund?

No


What happens when you change your w2 to exempt?

Be careful! If you go exempt, your employer will not withhold the taxes for the IRS and the State. Although you will get more "net income", chances are you will owe taxes by April 15th. If you do not have the funds to pay the hefty tax bill, you will have a tax problem and the IRS will start collection action against you such as wage garnishment [wage levy], they will levy your bank account and you will pay excessive penalties and interest.


What is social security max 2009?

The Social SecurityAdminstration issued the inflation adjusted FICA base for 2009; it will be $106,800. That means an employee's 6.2% FICA tax for 2009 will top out at $6,621.60. The 1.45% Medicare component has no wage limit. Employers pay a matching tax. Self-employed taxpayers pay both sides of the FICA tax through their self-empoyment tax.