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-   -   On my pay check I have made $14000 so far this year but they only took out $80 dolla (https://www.askmehelpdesk.com/showthread.php?t=500788)

  • Aug 22, 2010, 07:05 PM
    bigmac57
    On my pay check I have made $14000 so far this year but they only took out $80 dolla
    Yes on my pay stub I've made $14000 ytd so but I only paid in $80 dollars in fedrael so far what's happing
  • Aug 23, 2010, 05:26 AM
    wnhough
    QUOTE," . . .but i only paid in $80 dollars in fedrael so far whats happing?"--- Basically, you need to contact your employer to confirm the amount of the your Fed. Tax withheld. In general, after your employer learns from your W-4, he/she selcectsa withholding method by choosing mostly either wage-bracket method or percentage method. The choice of the method is usually based on the number of his/her employees and the payroll acct. system.
  • Aug 23, 2010, 06:19 AM
    Fr_Chuck

    Withholdings are done from a chart relating to income for the pay period and the number of dependents and status you are claiming. If you wish more to be held out, you can adjust those
  • Aug 23, 2010, 06:35 AM
    ebaines

    If you tell us your filing status (married versus single) and number of allowances you claimed on your W4 we can check whether $80 is reasonable. It may not be wrong at all - for example if you are married and making $1850/month and have claimed two allowances then your withholding is only about $11/month. I assume that you employer is deducting social security, medicare, and state/local tax (if applicable where you live), right?
  • Aug 24, 2010, 08:28 AM
    AtlantaTaxExpert
    My answer on the other post mirrors ebaines' answer, though it may NOT be QUITE as eloquent! :-)

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