How much will they take out of my check if I only claim myself.?
Answers:
Per paycheck would be $2500.00 gross, less 7.65% (191.25 ) Social Security and Medicare, less 268.00 for 1 exemption for Federal witholding is $2040.75 per check. This does not include any state witholding tax or any other deductions you may have. $2040.75 x 12 checks is $24489.00 Net for the year
For 2006 I was paid 29,000 and had 2,709 in tax liability, I'm single with no dependents. You might want for them to withold around $250-300 per month.
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