Im single i live in texas i dont own anything to get a tax credit how much does texas take from my paycheck!?

Question

i make like 650 a check b4 taxes its like 850$ whats the amount they take for tax? i have no other deductions on my check just taxes! how can i pay less taxes now and not owe at the end of the year! i got rent and high AZZ electric bills to pay om my 500 SQf apartment lol i need my money now not in april! i make 19.700$ a year b4 taxes and after taxes i make 14.000 a year thats all rounded !

Answer 1

The FICA tax is about  $65 for $850

The other tax probably being withheld is federal withholding, That would depend on your W-4 you filled out when you joined your company; married or single, and amount of exemptions.  You can check the table out with Pub 15/ Circ E; http://www.irs.gov/pub/irs-pdf/p15.pdf

Texas, lucky you, has no state income tax.

Answer 2

TX takes nothing from your pay as TX does not have an income tax.

Go here for some handy tools:  http://www.paycheckcity.com

Generally you should claim 1 or 2 withholding allowances on your Form W-4.  If you claim 1 you will get a modest refund at the end of the year.  If you claim 2 you will be within $100 of even money either way at filing time but you'll receive the most money possible every payday.

Answer 3

On 19,700 per year gross you'd pay around $1225 in federal income tax, and $1477.50 for social security and medicare, for a total of around $2700.  Sounds like maybe you have your W-4 filed at zero allowances.  You could make that one, or even two if you only have one job.  With 2, it's possible you'd owe a little when you file, or might get a small refund.

Without knowing how often you get paid and more exact payroll numbers, not possible to give exact answers.