Im 16 years old and i work getting around $300 a week.....how much will my check come out as after taxes??

Question

Im 16 years old and i work getting around $300 a week.....how much will my check come out as after taxes??

Answer 1

They'll take out around $23 every week for social security and medicare.  What they take out for federal income tax depends on how you filled out your W-4, but at the end of the year if you work all year at $300 a week your tax will be around $1100 for the year which is around $21 per week - if they take out too much you'll get a refund, and if they don't take out enough you'll have to pay the difference at the end of the year.  Depending on where you live, there might be state and local taxes taken out also.

Answer 2

There are a number of variables, such as whether you have to pay local/city taxes, whether you have declared yourself as an exemption, etc.

You can get a basic idea at the link below (and to avoid disappointment, remember non-tax deductions your employer may take, such as uniform, meals, etc.).

Good luck!

Answer 3

It depends on a lot of factors, such as where you live, what you claimed.

Sorry I couldn't have been more of assistance to you.