answersLogoWhite

0

The average percentage of tax taken out of a paycheck is around 20-30, depending on factors such as income level and tax deductions.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Related Questions

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 is the average percentage of taxes deducted from your paycheck?

The average percentage of taxes deducted from your paycheck is around 20-30, depending on your income level and tax bracket.


What are after tax deductions?

Those are amounts taken out of your paycheck that do not reduce the amount of tax you have to pay on your salary.


Can you deduct the amount of money taken out of your paycheck for a garnishment on your tax return?

No


What do you claim to have the most taxes taken out of your paycheck?

The amount of taxes taken out of your paycheck depends on your income level and tax bracket. Generally, federal income tax is the largest deduction from most people's paychecks.


How much are you taxed from your paycheck?

The amount of tax taken from your paycheck depends on your income level and tax bracket. It can range from a few percent to over 30 of your earnings.


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.


What percentage is taken out of a New York New York paycheck?

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.


What percentage is taken out of your paycheck for income taxes?

The percentage taken out of your paycheck for income taxes varies based on several factors, including your income level, filing status, and the state in which you reside. Federal income tax rates range from 10% to 37%, depending on your taxable income. Additionally, state and local taxes can further impact the overall percentage withheld. On average, many individuals may see around 20-30% of their gross income withheld for federal and state taxes combined.


How much tax will be taken out of a paycheck of 10000 dollars?

I won a lottery ticket in Wisconsin, worth $10,000, how much federal and state tax will be taken out?


How can I determine how much tax is taken out of my paycheck?

To determine how much tax is taken out of your paycheck, you can look at your pay stub which shows the breakdown of deductions including federal, state, and local taxes. You can also use online calculators or consult with a tax professional for a more detailed analysis.


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.