Tuesday

January 27, 2015

January 27, 2015

Posted by **roek** on Friday, October 2, 2009 at 7:56am.

- tax question -
**drwls**, Friday, October 2, 2009 at 10:49amAre you talking about federal or state withholding? Most states (and IRS) have a progressive tax rate than increases with income about a certain threshhold income level, below which no tax is owed. At $12,800 annual income, I doubt whether you need to withhold any income tax at all. Your biggest withholding will be for Social Securiy (FICA) -- which could be as high as 8% of income.

**Answer this Question**

**Related Questions**

math - William Bennett earns $12,800 per year. He is paid 12 times per year and ...

math check - 1.)Jenna earns $16,250 per year. She pays 6% of her earnings to her...

business math - William Bennett earns $12,800 per year. He is paid 12 times per ...

Math - Patty Kim earns $20,000 per year. She is paid 26 times per year and ...

math - Patty Kim earns $20,000 per year. She is paid 26 times per year and ...

math - Brenda Luai earns $14,260 per year. She is paid 24 times per year and ...

math check - Brenda Luai earns $14,260 per year. She is paid 24 times per year ...

math - Brenda earns $14,260 per year. paid 24 times a year with 1 exemption. If...

math - Muhammad Chabali earns $13,600 per year. He is paid 12 times per year and...

math - Muhammad Chabali earns $13,600 per year. He is paid 12 times per year and...