I am 16, live in Michigan, and recently started working my first real job. On my most recent paycheck over half of it went to Federal Income taxes, State Income taxes, Social Security taxes, and Medicare taxes. Does this sound right?
Related posts:
- What Taxes Does A Company Pay For Its Earnings?like Federal Tax, State Tax, Social Security Tax, Medicare Etc? An employee pays federal tax, state tax, medicare tax, SUI/SDI...
- Can Your State Income Tax Be A Deduction On Your Federal Taxes? I am doing my taxes by myself for the first...
- Is The Sales Tax I Paid On A Vehicle Purchase In Texas Deductable From My Federal Income Taxes? I recently became a Texas resident and paid sales tax...
- How Much Federal Taxes Will I Get Back After My New Car Purchase? I recently purchased a brand new car. I paid $1280...
- How Do I Calculate State Taxes On Interest Income? I am in the military and a TX resident (no...
Related posts brought to you by Yet Another Related Posts Plugin.
25. December 2009 at 11:07 am
How many exemptions did you use on your W-4 when you filled it out?