answersLogoWhite

0


Best Answer

The tax rate for a $125,000 per year salary would be up to 25%. This would be up to $31,250 per year in taxes.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How much tax do you pay if you earn 125 000 a year?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

2 workers were paid 1500 for a job to split equally but one worker had paid 125 of his own money for supplies and the other worker paid 250 How much should each worker get paid?

The worker who paid £125 should get paid £687.50 and the other worker should get paid 812.50.


What is a med 125 deduction?

125fam deduction


Section 125 Cafeteria Plan?

Section 125 Cafeteria Plan A "Section 125 Cafeteria Plan", often referred to as a "Flexible Spending Account", helps you keep more of your paycheck by reducing your Federal and state taxes. It allows you to pay certain expenses before taxes are deducted from your paycheck. These expenses include daycare, insurance premiums and most out-of-pocket medical costs. Use this calculator to see how participating in your employer's "Section 125 Cafeteria Plan" can help you pay less tax, and increase your net take home pay. This calculator has been updated to use the new withholding schedules for 2010.


How much percentage would be returned for forty eight weeks of babysitting fees at 200 dollars a week claimed on income tax?

Put it this way, I claimed 48 weeks of babysitting for my son at $125/week I am receiving back $500. I think you should be looking at around $800 return for babysitting.


What taxes are not with held under section 125?

Under IRS Section 125 eligible expenses such as medical premiums can avoid income tax (both federal and state), these monies through the use of a Section 125 plan also avoid FICA (Social Security and Medicare) taxes on both the employee and employer matching contribution. Federal Unemployment Tax is exempt and in most cases State Unemployment Tax however depending on the state in can be classified as either a tax or insurance so you will need to determine the state for eligibility. For a list of states that have specific requirement see related link.

Related questions

How much does a programmer earns?

The lowest I've seen is 50 000 CAD/year and the highest is 125 000 CAD/year. CAD = Canadian dollar, which is pretty much equal to U.S. money.


How much do you earn looking after horses with live in accommodation?

i work on a livery yard with accommodation and earn 125 k per year :)


How much does a Apprentice Mechanic earn?

im a first year mechanic with a masive company .. so far i earn £125 a week plus overtime .. moneys bad for a while but goes up every year and when your qualified skys the limit....


How much do registered nurses earn in Washington?

almost Hourly 125 dollors


What is the population of Saint Vincent and the Grenadines?

The population of Grenadines is 16,100.Aprox. 125 000.


What is100 000 divided by 125?

100000/125=800


How much do Biotechnologist make?

In UK a Biotechnologist gets an average of £75,000 - £125, 000 This is real!!


What is 125000cm cubed in meters cubed?

1 metre cubed = 100 cm * 100 cm * 100 cm = 1 000 000 cm cubedso 125 000 cm cubed in metres cubed = 125 000 / 1 000 000 = 0.125 m ^3


What is twenty-four million as a fraction of one billion?

24 000 000/ 1 000 000 000 = 24/1000 = 3/125


How to round to the nearest millions 125 450 000 000?

125,450,000,000 = 125,450 million


If there is sixteen million people and two billion monkeys what is the ratio?

16 000 000/2 000 000 00016/20001/125


How much money does vet's earn a week?

if your not a proffesionnal about 125$ but that's if your a good non proffessional but if you are a proffessional then about 390$