Your question has a few qualifyers that go unanswered in its brevety. However, if we assume that you are a wage earner (as opposed to self-employed) and you are single, at $350,000 you are required to pay $101,574.25. That is, $101,469.25 plus 35% of the difference between $349,700 and $350,000, that is $300 or $105. If you are married filing jointly and $350,000 is your combined income, then you are your taxes would be $94,601.00 plus $105, again, 35% of the difference between $349,700 and $350,000. If your income comes from self-employment then you have additional self-employment taxes. Hope this helps. Roger Hadad, Effectur Inc., www.irs101@blogspot.com
500 million dollars
500,000
It will be about $1,259 for taxes $2.45.
i am single with four children. how much would the taxes be on 10 million dollars?
Department
500 million dollars
500,000
35000000
35% of your gross earnings
100.000
It will be about $1,259 for taxes $2.45.
How much is being taken out of your paycheck in taxes
i am single with four children. how much would the taxes be on 10 million dollars?
that would be 290 a week but that is before taxes are taken out for it.
Department
$122
Your employer would be able to give you the percentage amount that would be withheld from your pay for the total of all taxes on the 1000 amount. Social security, medicare, federal income taxes, state income taxes, local income taxes, etc.