Fema Employment
What is the percentage of taxes held out for fed. and fica also ky state?
I'm being offered a new salary job. I would like to see what my take home pay would be after federal taxes social security and ky state taxes are held out. I use single 0 dependents.
Public Comments
- FICA is 6.2% up to the wage base (about $95,000 next year) for social security and 1.45% on all wages for Medicare. Federal taxes depend on your filing status (single, married, etc.) and how many exemptions you claim. The object of the W4 is to correctly "guess" how much taxes you should withhold during the year so you don't owe a lot or get a big refund come April 15. Kentucky has graduated rates, just like the federal income tax. Here's a link to their rate table: http://dab.nfc.usda.gov/pubs/docs/taxformulas/formulas/statecitycounty/taxky/taxky.html
