What percent is withheld for federal tax?

Answer by  Chaneygirl (1755)

What type of income are you having federal taxes withheld on? Wages can vary from 0-39% depending on your level of income. Gambling winnings usually withhold at the 20% rate. Back up withholding is set at 28%.

Answer by  Amy21 (460)

Perecnet held for fedreal tax depends on how much you make per paycheck. Every persons amount will be different. From what I understnad they can not take more then 15%

Answer by  Kurt (4579)

That depends on the tax information you provided to your employer on your W 4 form. There are different tax rates for single or married, number of dependents and salary.

Answer by  sara99 (851)

10,15,28,33 and 35% are the tax rates. This is dependent on your total taxed income. The higher the income the higher the tax rate. Employees without at rates dependent on your county.

Answer by  davidsmith4deltaedu (338)

Federal tax with holding is based on a number of factors. Some factors are filing status, number of exemptions, wages earned, and deductions that are tax deductible (401k, flex spending accounts). A single person making the same amount as a married person will always pay more taxes to the federal government.