Ask Experts Questions for FREE Help !
Ask
    kirtijain's Avatar
    kirtijain Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Jan 20, 2012, 01:07 PM
    USA,Atlanta on H1B -Tax calculation
    Hi ,

    I will be going to Atlanta, GA ,USA on H1B .My wife is with me.
    So how much tax will be deducted from salary ,assume if it is $61K.

    Thanks
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Jan 20, 2012, 09:01 PM
    Deduction depends upon what you claim on your W4 that you fill and give to your employer. You will be paying FICA taxes, federal income tax and state income tax.
    On W4 you can claim married with two allowances.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Jan 21, 2012, 08:29 AM
    The FICA (Social Security @ 4.2% and Medicare @ 1.45%) taxes are flat taxes withheld at the rates noted.
    kirtijain's Avatar
    kirtijain Posts: 2, Reputation: 1
    New Member
    		  
    #4

    Jan 21, 2012, 09:58 AM
    My wife is on H4 and she will be house maker there , I wanted to know all tax details before moving so would be helpful .I just got W4 form from Airborne Team , I don't know that how much impact will be on my salary. It would be great if you share some details how much money would be take home if I am getting $61K.

    Thanks.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #5

    Jan 21, 2012, 10:21 AM
    Kirtijain:

    What you are asking requires use of Circular E to determine your federal withholding & the GA state
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #6

    Jan 21, 2012, 10:23 AM
    Kirtijain:

    What you are asking requires use of Circular E to determine your federal withholding & the GA state withholding tables.

    That is a LOT of work for no compensation, which is why no one will probably no one will post.an answer.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Tax treaty usa france H1b [ 1 Answers ]

Hello, I am French citizen. I came for the first time to the USA as a visiting student on a J1 Visa in the US in 2005. I got a tax exemption for 2 months. Since August 2010, I am a researcher in a university on an H1B. Call I invoke the tax treaty again? I was told that I have a 2 years...

Tax liability of student gone to USA, Atlanta from India on J1 visa. [ 1 Answers ]

Hello! My issue is :- I am in USA (Atlanta) from 29th July 2009 on J1 visa for my post doctarate study. I am receiving approx.32500$ p.a. I was not asked to pay any tax earlier as initially it was for 1 year only. Now my tenure has been extended for another year & they are asking me to pay tax +...

H1B husband,H4 wife not in USA-Tax confusion [ 8 Answers ]

Hi, I have been working in the US on H1B since Apr 2006 (more than 2 year as of date). In August 2008, I returned to my home country to get married. Subsequently, I came back to US to continue working, while my spouse still remains in the home country (She never came to USA). We have plans for...

Forms for Tax Refund for H1B visa Holder in the USA [ 1 Answers ]

I have been a H1B visa holder since Sept 2005, I received a refund using an international company last year but didn't receive my refund until over 6 months later. I would like to file for myself but am unsure what forms to use. The folks in H+R Block had no idea what would be different with my...

For Atlanta Tax Expert - Taxes for H1B Visa Holder [ 1 Answers ]

First of all thanks for all your posts they are very useful Have a few questions. I am an Indian who came to the US on F1 Visa in 2003 graduated in May 2005 and have been working since Oct 2005 on H1B Visa. Last year I filed 1040NR. Here are the questions: 1. Since in 2006 I was on H1B for...

View more questions Search