How can I calculate what my paycheck will be after taxes (NC)?
Answer:
I know you said you have used Paycheckcity.com, but if you go to this link, at the top of the page it asks for your state. It defaults to Arizona because the states are in ABC order. If you click the drop down and select NC, then you should get resonably accurate numbers.
http://www.paycheckcity.com/netpaycalc/n.
If that doesn't get it, you can go to the following link and pull up the NC tax tables and figure your check manually. Just click the link for NC-30.
http://www.dor.state.nc.us/downloads/wh_.
I live in nc and I have noticed that 10% is taken out of all my checks. Sometime a little less.
For Federal taxes, go to irs.com and look up Publication 15. This will show you how to calculate your paycheck from your W-4. It will also take into account how often you get paid. The information that you are looking for begins around page 34.
For state taxes, go to your state's website and look for a similar publication as Publication 15 on the IRS website.
For Social Security Taxes, take your gross pay and multiply it by 7.65%.
You also need to take into account certain benefits like 401(k) deductions, medical insurance deductions, and flexible spending accounts because they factor into your total paycheck.
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