answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What percent of your paycheck goes to taxes if you make minimum wage?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

What percent of your paycheck goes to taxes in Kentucky?

After your employers payroll department takes all of the necessary withholding amounts from your gross pay your net take home paycheck is issued to you nothing will be withheld from that amount that is included in your net take home paycheck. You should check with your employers payroll department and ask them what percent amount they will be withholding from your gross pay before your net take home paycheck is issued in your name.


What percent of your paycheck goes to taxes in Georgia?

Your employer should be able to answer your question about the percentage of taxes that would have been withheld from your gross pay before the checks were printed and given to you. The percentage and amount varies depending on your income and exemptions claimed.


How much do you get paid at abercrombie fitch?

If you are a model in the store you get paid whatever the minimum wage is. As for the person who said they want you to constantly buy clothes so that is where your paycheck goes, you don't even have to wear Abercrombie to work there so that is completely false.


What are indirect taxes?

Indirect taxes are a form of cost that goes into the final cost of the end product. Direct taxes paid would be sales taxes and such, but indirect taxes would be taxes paid by the manufacturer of goods that ultimately goes into the cost of goods sold.


What can be taken out of a paycheck?

Anything you want and the payroll provider agrees to have taken out. In regards too "must be taken out"....the list is endless and depends on circumstances - but obviously - Taxes, FICA, unemplyment, disability, other insurance or employee benefit contributions, union dues, legal garnishments...list goes on and on.

Related questions

What percent of your paycheck goes to taxes in Kentucky?

After your employers payroll department takes all of the necessary withholding amounts from your gross pay your net take home paycheck is issued to you nothing will be withheld from that amount that is included in your net take home paycheck. You should check with your employers payroll department and ask them what percent amount they will be withholding from your gross pay before your net take home paycheck is issued in your name.


What percent of your paycheck goes to taxes in Georgia?

Your employer should be able to answer your question about the percentage of taxes that would have been withheld from your gross pay before the checks were printed and given to you. The percentage and amount varies depending on your income and exemptions claimed.


What is revenue tax?

Tax revenue is the income that the government gets from individuals paying their yearly taxes. Anytime taxes are taken out of your paycheck, that goes to the governments tax revenue.


What percent of your paycheck goes to taxes in CO this includes SS Medicare state and federal tax T'm paid 8 an hr and filed 1 exemption?

Assuming that you are single and work 40 hours per week and are paid weekly: Social Security 6.2% 19.84 Medicare 1.45% 4.64 Federal IT withholding 24.00 Colorado IT withholding 11.00 Total taxes withheld 59.48 Percent of wages 18.5875%


What is a house income?

When your paycheck goes to your account; direct deposit


What is house income?

When your paycheck goes to your account; direct deposit


Why does your teacher say she cares but then she goes on strike anyway?

her paycheck and or respect


What nicknames does Josh Shanks go by?

Josh Shanks goes by Paycheck.


What goes against Constitution?

Taxes on top of taxes


How much do you get paid at abercrombie fitch?

If you are a model in the store you get paid whatever the minimum wage is. As for the person who said they want you to constantly buy clothes so that is where your paycheck goes, you don't even have to wear Abercrombie to work there so that is completely false.


What is minimum wage for servers in North Carolina 2009?

$6.55 an hourNO!!!! It is $2.13 an hour. I am a server in NC and most of the time I don't receive a paycheck but it all goes to taxes. My income is strictly tips. Tip your servers!


Are indirect taxes?

Indirect taxes are a form of cost that goes into the final cost of the end product. Direct taxes paid would be sales taxes and such, but indirect taxes would be taxes paid by the manufacturer of goods that ultimately goes into the cost of goods sold.