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    sandraharbor's Avatar
    sandraharbor Posts: 1, Reputation: 1
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    #1

    Jun 27, 2008, 02:28 PM
    With holding tax
    Where can I get a chart of taxes to deduct from a paycheck? Do I have to go through the IRS and do I have to be a business owner to obtain one of these?
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #2

    Jun 27, 2008, 03:32 PM
    Deductions from paychecks is public knowledge. You don't say where you are from US or Canada, but if you Google this info. i.e. withholding taxes from paychecks' I am sure you will get the correct information.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #3

    Jun 27, 2008, 08:28 PM
    I know a good site. Go to PaycheckCity.com | Web-Based Paycheck Calculators.
    First you need to register, no charges. It has many useful calculators. If you want to find out what your pay check will be then you can use this link:
    PaycheckCity.com | Sign On to your account
    First select the year and State and then enter your income and deduction info.
    Sean P Schafron's Avatar
    Sean P Schafron Posts: 1, Reputation: 1
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    #4

    Jun 29, 2008, 02:19 PM
    Quote Originally Posted by sandraharbor
    Where can I get a chart of taxes to deduct from a paycheck? Do I have to go through the IRS and do I have to be a business owner to obtain one of these?
    Go to IRS.gov look up the tax table for your income
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #5

    Jun 30, 2008, 08:43 AM
    The amount to withhold for federal income tax is documented here:

    http://www.irs.gov/pub/irs-pdf/p15.pdf

    The formulas and tables for withholding income taxes begin on page 38. You also have withholding for social security (6.2% of the first $102K of pay) and Medicare (1.45% of pay).

    Depending on your state or municiaplity you may also be subject to income tax withholding for them.
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