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What is the percentage amount taken out for federal income taxes on a single status? |
What is the percentage amount taken out for federal income taxes on a single status? too darn much. when you are filing? 10 percent oh for a paycheck that depends on your information you entered for withholding as you filled out all that paperwork...generally i notice around 21% of mine is taken out in federal, state, SS and medicare. accounting student It depends on how much you make, because it's a sliding scale. For someone making about $30K per year, its around 21% federal withholding, including social security. For someone making $100K per year, its over 30%. At the top end, its around 40% federal withholding. |
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