Posts Tagged ‘Paycheck’


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How much tax should I be paying?

Tuesday, September 29th, 2009

Calling all Accountants!!!! Sorry new to the US and not sure how the taxes work here.

Me and my wife file as ‘Married Filing Jointly’ with one deduction each. Our 2008 taxable income is around a combined $94,000, 47k each. for 2009 it will probably be around $100,000. Anyone know how much tax I should have withheld each paycheck?

I Fear because our 2007 income was around 45k that we will owe alot after we file and dont want to end up in the same boat again.

Thanks,


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