Everyone is in a different tax bracket so they would have a different amount taken out. The average person will lose up to two dollars an hour at this pay rate.
7.65% of your gross wages will be withheld for Social Security and Medicare taxes. How much is withheld for federal and state tax depends on what you put on your W4 forms and what state you live in.
Your gross pay would be $153. From that, FICA, federal taxes, and state taxes would be taken out. Without knowing your state, it's kinda hard to determine what your net pay would be, but probably between $100 - $120.
Taxes 'withheld' refers to an employer keeping some of your pay to send to the government for taxes. If you work 40 hours at $10 per hour your pay should be $400. You will be lucky to get $300 of this. The rest of the money will be withholdings for Federal Income Tax, Social Security, Medicare, State Tax, and in some places City Tax. There may be other withholdings for health insurance, some retirement plan, life insurance, etc. but these are not taxes.
How much money do accounting clerks make?
The amount of money a person makes when making $17.00 an hour, will depend on how many hours a person works. The amount of taxes that are taken out will depend on the state.
Payroll is calculated by taking how many hours the employee worked and multiplying it by how much the employee gets paid per hour. Any money being withheld for taxes, insurance, retirement plans, etc should be subtracted from the employees pay. Most electronic time clocks that monitor when employees check in and out can be connected with payroll software to automatically calculate the payroll based on the employee's time worked.
before taxes $128
Everyone is in a different tax bracket so they would have a different amount taken out. The average person will lose up to two dollars an hour at this pay rate.
if i work 40 hours a week and get paid 12 dollars an hour and i work full time how much will i be making a year
$2.13 an hour, whish is all taken for taxes. They reply on their tips. 20% is universal
that would be 290 a week but that is before taxes are taken out for it.
7.65% of your gross wages will be withheld for Social Security and Medicare taxes. How much is withheld for federal and state tax depends on what you put on your W4 forms and what state you live in.
This question cannot be answered correctly. I will have to know how much taxes the state takes out.
As of May 1st 2008, the total package is $37.26 per hour, of which $10.05 is untaxed benefits removed before SSI and other payroll taxes are figured, from the post tax remainder a further 2.5% of the gross is taken for union dues(93 cents an hour) leaving about $26.28 pre tax. The average Union Mason works only 1280 hrs in Local 3 Iowa though.
Work for 1 hour your gross earnings wages for the 1 hour would be 7.25. Work for 10 hours at 7.25 per hour your gross pay earned income wages would be 72.50 before your employer calculates and withholds all of the necessary taxes, etc that the payroll department is required to withhold from your gross pay before you net take home paycheck will be issued to you. You should get this information from your employer's 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 gross bonuses before they print your check for your net take home pay. After the withheld amount for all taxes is subtracted from your gross bonuses your paycheck will issued for the net amount of your net take home pay.
That depends on the percentage of taxes.