I am on CPT.
How much tax is deducted from the pay cheque?
AtlantaTaxExpert
Oct 19, 2010, 10:31 AM
Your are exemptfrom FICA (Social Security and Medicare) taxes.
You are LIABLE for federal and state income taxes. How much will be deducted depends on HOW MUCH you make and HOW MANY allowances you claim on your Form W-4.