legal  taxes


Question by  CrimsonZ (17)

What tax percentage is taken out of a check with 9 exemptions?


Answer by  Kdm (180)

There are many different factors. The first consideration is how much money you are making. The second consideration is whether or not you are married. If you are single, and you make $1352. 21 on the 1st and 15th, you would have 0 dollars withheld. If instead you make 2120. 22 and everything else was the same, then withholding would be $61. 17.


Answer by  Att4372 (1704)

Tax withholding is based on the amount of wages on an annualized basis. Nine exemptions subtracts about 40,000 from annual income calculations. If you annual income less exemptions is 10,000, your withholding is zero. If you annual income is 250,000, it's 35%. Also, FICA tax is not affected by exemptions. It's 7. 65%.


Answer by  Kurt (4579)

The tax percentage depends on the amount of income in the pay period and the tax status the taxpayer set up on their W4 form ( single or married ). The percentage is still very low compared to most people and not very much will be withheld. If you don't really have 9 dependents, you may have a tax problem.


Answer by  ctripps (17)

It depends on your AGI after the exemptions are subtracted from your income. You will be in a different tax bracket, which can be found in the 1040 instruction booklet.


Answer by  worker2746 (2434)

This is not an easy answer as there are other factors involved. I would go to paycheckcity. com and input the information. This will give you an accurate feel for the proper percentage.

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