25 June 2009
How much money will be taken off my paycheck because of taxes?
Posted by admin under: United States .
I work part-time as a student. My pay is $10 and I work 6.5 hrs a day 5 days a week. So in total that would be $325 I beleive. I get paid every two weeks so I should get $650 if I did the math right. Around how much money will be taken off my paycheck?
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3 Comments so far...
Bob F Says:
25 June 2009 at 10:50 pm.
Plug it in!
idunnomyname Says:
28 June 2009 at 1:31 am.
roughly 23% will get deducted
Judy Says:
30 June 2009 at 11:14 pm.
Around $50 from each check for social security and medicare.
Depending on where you live and how you filled out your W-4, there may also be money taken out for income and other taxes.