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    phanikrishna1's Avatar
    phanikrishna1 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 20, 2012, 04:41 PM
    Tax under OPT and H1B
    Hi

    I am an Indian and planning to do a job in New Mexico State. Currently I am under OPT and planning to start job at 55k annually. Can I know how much tax will be deducted from my pay monthly and how much can I get in OPT and after H1B filing is done. Can I know the monthly payment I can get after all taxes(including state, federal and all other) in both OPT and H1B.

    Thanks
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Mar 21, 2012, 12:16 PM
    You will pay Social Security taxes at 4.2% and Medicare taxes at 1.45%. That STARTS when your H-1B visa becomes effective.

    The federal and New Mexico state income tax will depend on a number of factors, such as whether you are married or not.
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