Wednesday, December 30, 2009

How do I figure out my tax deduction on a paycheck so I can figure out my netpay?

I always go to this website. Pick your state and then enter your information. Works great!





http://www.yourmoneypage.com/withhold/fe鈥?/a>How do I figure out my tax deduction on a paycheck so I can figure out my netpay?
Read Publication 15 from the IRS website and the similar publication for the state you live in. Deduct 7.65% for Social Security Taxes also.

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