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    pb0920's Avatar
    pb0920 Posts: 2, Reputation: 1
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    #1

    Apr 25, 2007, 10:57 AM
    Paycheck taxes in new Jersey
    If you claim 2 on the W4 and live and work in New Jersey and gross 70,000
    What is the amount of taxes or percentage taken out biweekly
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Apr 25, 2007, 11:13 AM
    If you are married, the employer will withhold $289 from your bi-weekly paycheck.

    If you are single, they have to use they percentage method, which means they will withhold about $510 from your bi-weekly paycheck.

    This is FEDERAL income taxes only.

    For Social Security, it is 6.2%.

    For Medicare, it is 1.45%.
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