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If your dependents are a spouse that doesn't work and a child and you only have this one job, then you should be able to take 4 withholding allowances (one for you, one for only having one job, one for your spouse, and one for your child).
Using that, I calculate the following
Gross pay = $1384.00
Social Security/Medicare tax = 105.88 (7.65%)
Fed. tax = 55.29
State tax = 0 (none in TX)
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1222.83
If your child is 17 or under and your total income is less than $85000 (and you are married), then you can take two additional withholding allowances which will reduce the federal withholding by about $26.15.
Now that would depend on how many dependence you have, what state you work in, and weather you have Insurance and or 401K taken out, Or what ever they call it in your state.
Probably around $500.00.
Depends on what you are claiming on your W2. If you claim single 0 than expect to be in the highest tax rate. My estimation is that you would have to take out about 22-26% of your salary if single and can't claim anyone. Depending if you have to pay state tax.
The more you can claim the less taxes you pay. But don't claim more than 1 if you are single otherwise you will pay back.
It depends on the following:
where you live
how many dependents u claim (if u file 0 they take more taxes)
if you have any deductions (garnishments/401K, etc.)
what i do is 20% of the total so 40x17.30= 692 692x .20% = 138.40 so your looking at a 553.60 hope this helps i don't know what state so it may vary
A paycheck of $1,384 (40 hrs X $17.30 X 2 weeks) should be around $1074 after taxes, providing no additional deductions for insurance, 401k, etc. Assuming that you file MFJ with a one dependent child, this would include 10% for federal taxes, 5% for state taxes, and 7 1/2% for Soc sec and Medicare. If you are single with two dependents, filing as HOH than this amount should also cover the taxes. Check with your employer's HR Dept for a w-4 worksheet to submit. Not all companies use the same/updated tax program. Amounts could be different.
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