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What is the highest income tax percentage that can be taken out of one's paycheck?
Wiki User
∙ 12y ago
In the year 2012, the highest income tax rate percentage for the United States is 35%. This is for someone who makes over $388,000 per year. On the other end of the spectrum, someone who makes less than $8,700 per year has a rate of 10%.
Wiki User
∙ 12y ago
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What is the percentage of tax taken out of a paycheck in NY?
The percentage of taxes taken out of a paycheck depends on the number of exemptions you are allowed to claim. The average amount taken out is 15% or more for deductions including social security and income tax.
What percentage is taken out of your paycheck for taxes in Massachusetts?
Alot
What percentage is taken out of your paycheck for taxes?
That depends on which state you live in, as well as other variables such as gross income, number of exemptions claimed, local or municipal taxes, etc.
What percentage is taken out of a paycheck for state taxes?
it would depend on the state
Why is imputed income deducted from your paycheck?
i have imputed income taken out of my check because a have a significant other on my insurance can i use this as a tax deduction
What is the percentage of tax taken out of a paycheck in NY?
The percentage of taxes taken out of a paycheck depends on the number of exemptions you are allowed to claim. The average amount taken out is 15% or more for deductions including social security and income tax.
What percentage is taken out of your paycheck for taxes in Mississippi?
mississippi
What percentage is taken out of your paycheck for taxes in Massachusetts?
Alot
What percent of your paycheck is held out for federal taxes?
The percentage that is taken out of your paycheck depends on your exemptions and the amount of money you make. Generally, around 15% is taken out of each paycheck and held for taxes, social security and other fees.
What is the difference between net and gross on a paycheck?
Your gross income is your income before anything is taken out. Your net income is your remaining income after deducting taxes and expenses--so on your paycheck, your net is your "take home pay".
What percentage is taken out of your paycheck for taxes?
That depends on which state you live in, as well as other variables such as gross income, number of exemptions claimed, local or municipal taxes, etc.
What percentage tax is taken out of your paycheck?
That depends on which state you live in, as well as other variables such as gross income, number of exemptions claimed, local or municipal taxes, etc.
How much in taxes will be taken out of your 70000 paycheck in New York City?
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.
What percentage is taken out of a paycheck for state taxes?
it would depend on the state
How much money will be taken out of my paycheck for income taxes if I get paid minimum wage?
Working through a financial calculator will help to show the value taken out of your paycheck. This website provides a calculator to view what you should expect can be taken out of your paycheck http://www.moneychimp.com/features/tax_brackets.htm
Why is imputed income deducted from your paycheck?
i have imputed income taken out of my check because a have a significant other on my insurance can i use this as a tax deduction
What are the percent of federal taxes are taken out of paycheck in Texas?
What is percentage of federal taxes in texas?
