How Much Tax Will I Pay from My Paycheck?


How much tax you will pay from your paycheck depends on several factors. The amount of Federal taxes withheld will depend on your deductions. Social Security and Medicare tax will be taken out of your gross pay at a rate of 6.2% for Social Security and 1.45% for Medicare (as of 2013). Depending on where you live, you may or may not have to state taxes and/or local taxes. A ball park figure for the average worker is that about 25% of your gross pay will be taken out of your check.
Q&A Related to "How Much Tax Will I Pay from My Paycheck?"
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