Income tax on $30000 salary?

5 Answers

1. 
   

   
   

   MVD34 on Jun 01, 2011 reply

   10% federal income
   7.5% SSI
   3% state income.

   Round up to 21% for estimating and add 4% for other deductibles and say:

   $ 22,500

   or $ 1875 per month.

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2. 
   

   
   

   Judy on Jun 01, 2011 reply

   Single? Married? any kids? credits? Where are you?

   Enter your info at paycheckcity.com to see what they’ll take out.

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   Bobbie on Jun 01, 2011 reply

   30000 gross wages earnings for the tax year the amount that would be reported in the Box 1 30000 Wages tips etc of your W-2. Box 2 $ 3,760.00 FIT withheld
   Single tax payer -0- allowances
   Using the below Payroll Withholding Tax Calculator

   http://www.suburbancomputer.com/tips_calculator.php

   This easy to use payroll calculator will help you determine your take home pay. It handles both hourly and salary calculations, federal withholding, FICA (Social security), Medicare, and withholding for all 50 states.
   Gross pay $ 30,000.00
   Federal income tax $ 3,760.00
   Social Security $ 1,260.00
   Medicare $ 435.00
   Net pay (take home) $ 24,545.00
   Hope that you find the above enclosed information useful. 05/27/2011

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   tro on Jun 01, 2011 reply

   that will depend on your status
   if you are single for 2011 your non taxable income is $ 9500 which leaves $ 20500 taxable
   at the lowest rate of 10% that would be at least $ 2050
   that taxable income is not the lowest rate however

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5. 
   

   
   

   htm182111 on Jun 01, 2011 reply

   If your salary is 30,000 a year then you will get gross monthly pay check = 30,000/12 = 2,500

   I assumed you have filed Single status, zero allowance on your W-4 :

   F/W = 313.35

   SS = 105

   Medicare = 36.25

   Net pay = 2500 – ( 313.35 + 105 + 36.25 ) = 2045.4 / monthly

   Net pay for a year : 2,045.4* 12 = 24,544.8

   You have not stated about your State, you might pay more for State Income Tax.

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