Im not total sure about NY, but when I figure it out for my self(NJ), I figure about 25-30 percent is withheld. So if you make 34,000 you should get about 22,500-23,500.
Withheld taxes are used for several things. City taxes and state taxes are withheld from one's paycheck. Federal taxes are also withheld from your check. That amount depends on number of kids and if one is married. It also depends on if one is head of household.
Your employer will be able to give you the total percentage amount that will be withheld form your 70000 paycheck in NYC. And then you will be able to determine the amount net income that you will be bringing home.
It will depend on where you reside as to what taxes are withheld. Federal Withholding taxes, FICA taxes, and Medicare taxes are the federal taxes that are withheld. Most people will also be effected by State taxes and some will even have to pay city or county income taxes along with the other taxes.
city tax, state tax, fedarl tax, medical, and net
Omaha, Nebraska.
New York City consumes about 39.4 million kilowatt hours annually.
There are several different prescribed and allowed methods for calculating withholding...projecting an annualization of the income for example. The withholding rate applied then depends on that calculation, and your specific claimed deductions/exemptions, etc., as well as other factors that may be effected by your State or even City or employment. (As well as what you consider taxes...many things, like unemployment, FICA, etc while deducted from you pay are considered whatever just according to your personal definition).The amount you will ultimately pay doesn't change by how much is withheld....and you can determine and direct how much is to be withheld. (But, if you don't have enough withheld, you may become subject to an underpayment penalty and interest).You should talk to the payroll area and they can tell you exactly how and why it is calculated as it is. You may want/need more or less withheld and they can (must) accomadate.
Enough. This ain't Texas. But looking at my latest paycheck, 4.65 percent went to city and state. That's with 2 allowances. Then there's the 8.875 percent sales tax.
more than 70.4 million people in 2007.
There are many ways to figure it, and of course, even what you consider tax (Unemployment contributions?, FICA?, workers comp?, Federal tax, and State, and city...as city resident or not...etc,) so...questions on why your withholding is what it is should be addressed to whoever is making the calculation, which is done pursuant to the info you provide on your W-4.If you need to adjust it, because your circumstances require more or less to be withheld to approximate your liability after other income, or special dedcutions you may have...that can be done through them. The amount wittheld, like the amount of tax actually determined to be due, is dependent on many, many factors...such as your maritial and family status, other income and expenses, how other employer benefits are handled (like retirement contributions, health and medical, etc., etc). It is very reasonable to say that even 2 people at the same job making the same salary will commonly have very different amounts withheld.
In Atlantic City, NJ - Yes, they average around a foot annually. In the winter of 2009-2010 they had, I believe, over 40 inches.
The employer will take out the SSIC, Federal Income Tax and State Income Tax and perhaps city taxes. The amounts are going to depend on what tax bracket you are in. It can vary a great deal based on the amount you make and how you fill out the withholding forms. 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 that 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 be issued for the net amount of your earning (wages).