Question:

How do I figure my taxable income?

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I hope this question isn't redundant, but I am a recent graduate and how taxes are taken out is way beyond my head. I am filing as single and have 2 deductions, my salary is 36,200. How do I figure out how much is taxable income? Basically I am trying to figure out how much will be coming out of my check due to taxes (a good guesstimate). I already have FICA and benefits already figured out. Thanks for anyone who can help!

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  1. Enter your info at paycheckcity.com for a very good estimate.  You don't give enough info to answer your question - would need to know where you live to determine state and local tax, whether you qualify as head of household or not, and a few other things, to determine your taxable income.

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