If I earn $30,000 a year, what is my take home after deduction of taxes?
![]() |
If I earn $30,000 a year, what is my take home after deduction of taxes?
The amount would depend on your taxes and deductions.
Your Fica/medicare tax is 7.65%
You than have federal income tax (depends on your deductions and status)
You than have State income tax (depends on your deductions and status) unless you live in a state without income tax
Any voluntary deduction you may have such as insurance, or 401k.
There are some payroll calculators on the internet you can use to calculate your net pay.
PaycheckCity.com | Paycheck Calculator
Federal State Withholding Calculator
Free Payroll Tax Calculator - Free Paycheck Calculation
These might help you.
Assuming you are single without any dependent
Social security tax $1860
Medicare Tax $425
Federal Income Tax (approx) $2700
Then you will have state income tax and may be state disability insurance.
All times are GMT -7. The time now is 03:50 PM. |