{"id":3790,"date":"2025-05-22T13:17:58","date_gmt":"2025-05-22T13:17:58","guid":{"rendered":"https:\/\/legendfusions.com\/usa\/?p=3790"},"modified":"2025-11-21T10:02:00","modified_gmt":"2025-11-21T10:02:00","slug":"how-do-you-calculate-taxes-from-payroll","status":"publish","type":"post","link":"https:\/\/legendfusions.com\/usa\/how-do-you-calculate-taxes-from-payroll\/","title":{"rendered":"How Do You Calculate Taxes from Payroll: Your US Paycheck Explained\u00a0"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3790\" class=\"elementor elementor-3790\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bd86005 pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bd86005\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7ee7aa2 pbmit-bg-color-over-image\" data-id=\"7ee7aa2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0e7c0b9 elementor-widget elementor-widget-text-editor\" data-id=\"0e7c0b9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW46370521 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46370521 BCX0\">You work hard for your money. But when payday comes, the amount hitting your bank account is less than you earned. <\/span><span class=\"NormalTextRun SCXW46370521 BCX0\">It&#8217;s<\/span><span class=\"NormalTextRun SCXW46370521 BCX0\"> all about taxes and deductions taken from your <\/span><\/span><span class=\"TextRun MacChromeBold SCXW46370521 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46370521 BCX0\">payroll<\/span><\/span><span class=\"TextRun SCXW46370521 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46370521 BCX0\">.<\/span><span class=\"NormalTextRun SCXW46370521 BCX0\"> There are <\/span><span class=\"NormalTextRun SCXW46370521 BCX0\">different types<\/span><span class=\"NormalTextRun SCXW46370521 BCX0\"> of <\/span><\/span><span class=\"TextRun MacChromeBold SCXW46370521 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46370521 BCX0\">taxes withheld<\/span><\/span><span class=\"TextRun SCXW46370521 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46370521 BCX0\">, including <\/span><\/span><span class=\"TextRun MacChromeBold SCXW46370521 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46370521 BCX0\">federal income tax<\/span><\/span><span class=\"TextRun SCXW46370521 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46370521 BCX0\">. On top of that, you may have other amounts taken out for things <\/span><span class=\"NormalTextRun SCXW46370521 BCX0\">you&#8217;ve<\/span><span class=\"NormalTextRun SCXW46370521 BCX0\"> signed up for, like retirement savings (<\/span><\/span><span class=\"TextRun MacChromeBold SCXW46370521 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46370521 BCX0\">401k<\/span><\/span><span class=\"TextRun SCXW46370521 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46370521 BCX0\">) or health benefits (<\/span><\/span><span class=\"TextRun MacChromeBold SCXW46370521 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46370521 BCX0\">FSAs<\/span><\/span><span class=\"TextRun SCXW46370521 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46370521 BCX0\">). The good news is that you have some say in how much is taken out for income tax through a form you fill out. <\/span><span class=\"NormalTextRun SCXW46370521 BCX0\">Let\u2019s<\/span><span class=\"NormalTextRun SCXW46370521 BCX0\"> learn <\/span><\/span><span class=\"TextRun MacChromeBold SCXW46370521 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46370521 BCX0\">how to calculate taxes from payroll<\/span><\/span><span class=\"TextRun SCXW46370521 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46370521 BCX0\">, the <\/span><span class=\"NormalTextRun SCXW46370521 BCX0\">simple way<\/span><span class=\"NormalTextRun SCXW46370521 BCX0\">.\u00a0<\/span><\/span><span class=\"EOP SCXW46370521 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><!-- \/wp:html --><!-- \/wp:columns --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c7f8313 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"c7f8313\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;,&quot;h3&quot;],&quot;exclude_headings_by_selector&quot;:[],&quot;no_headings_message&quot;:&quot;No headings were found on this page.&quot;,&quot;marker_view&quot;:&quot;bullets&quot;,&quot;icon&quot;:{&quot;value&quot;:&quot;fas fa-circle&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tContents\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__c7f8313\" aria-expanded=\"true\" aria-label=\"Open table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__c7f8313\" aria-expanded=\"true\" aria-label=\"Close table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div id=\"elementor-toc__c7f8313\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a52a5da elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"a52a5da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tTaxes Withheld from Your Paycheck \r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c15360d elementor-widget elementor-widget-text-editor\" data-id=\"c15360d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW144417664 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW144417664 BCX0\">Your gross pay isn&#8217;t the money you actually take home.<\/span><span class=\"NormalTextRun SCXW144417664 BCX0\"> Some part of it is cut out for taxes, referred to collectively as <\/span><\/span><span class=\"TextRun MacChromeBold SCXW144417664 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW144417664 BCX0\">payroll taxes<\/span><\/span><span class=\"TextRun SCXW144417664 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW144417664 BCX0\">. <\/span><span class=\"NormalTextRun SCXW144417664 BCX0\">Let&#8217;s<\/span><span class=\"NormalTextRun SCXW144417664 BCX0\"> look at the main ones <\/span><span class=\"NormalTextRun SCXW144417664 BCX0\">you&#8217;ll<\/span><span class=\"NormalTextRun SCXW144417664 BCX0\"> see deducted from your <\/span><\/span><span class=\"TextRun MacChromeBold SCXW144417664 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW144417664 BCX0\">paycheck<\/span><\/span><span class=\"TextRun SCXW144417664 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW144417664 BCX0\">.<\/span><\/span><span class=\"EOP SCXW144417664 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><!-- \/wp:html --><!-- \/wp:columns --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d1e66a pbmit-animation-none elementor-widget elementor-widget-image\" data-id=\"7d1e66a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"847\" height=\"476\" src=\"https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2025\/05\/41-BA250501LFnUSA-1024x576.webp\" class=\"attachment-large size-large wp-image-3801\" alt=\"Taxes Withheld from Your Paycheck\" srcset=\"https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2025\/05\/41-BA250501LFnUSA-1024x576.webp 1024w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2025\/05\/41-BA250501LFnUSA-300x169.webp 300w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2025\/05\/41-BA250501LFnUSA-768x432.webp 768w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2025\/05\/41-BA250501LFnUSA.webp 1500w\" sizes=\"(max-width: 847px) 100vw, 847px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ea612e elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"5ea612e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h3 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tFederal Income Tax \r\n\t\t\t\r\n\t\t\t<\/h3>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9662bea elementor-widget elementor-widget-text-editor\" data-id=\"9662bea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This money goes to the IRS to fund federal programs and services. It&#8217;s based on your total income and your tax situation, largely determined by the information you provide on your W-4 form. Your employer calculates this specific amount of tax withholding for each pay period.\u00a0<\/p>\n<p>You can also use the official IRS <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/www.irs.gov\/individuals\/tax-withholding-estimator\" target=\"_blank\" rel=\"noopener\">Tax Withholding Estimator<\/a><\/span> to estimate the federal income tax you want your employer to withhold from your paycheck.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4240426 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"4240426\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h3 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tFICA Taxes (Social Security and Medicare) \r\n\t\t\t\r\n\t\t\t<\/h3>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cfc5b93 elementor-widget elementor-widget-text-editor\" data-id=\"cfc5b93\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW223628464 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW223628464 BCX0\">Next, <\/span><span class=\"NormalTextRun SCXW223628464 BCX0\">you&#8217;ll<\/span><span class=\"NormalTextRun SCXW223628464 BCX0\"> see <\/span><\/span><span class=\"TextRun MacChromeBold SCXW223628464 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW223628464 BCX0\">FICA<\/span><\/span><span class=\"TextRun SCXW223628464 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW223628464 BCX0\"> taxes deducted. This stands for the <\/span><\/span><span class=\"TextRun MacChromeBold SCXW223628464 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW223628464 BCX0\">Federal Insurance Contributions Act<\/span><\/span><span class=\"TextRun SCXW223628464 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW223628464 BCX0\">, and <\/span><span class=\"NormalTextRun SCXW223628464 BCX0\">it&#8217;s<\/span><span class=\"NormalTextRun SCXW223628464 BCX0\"> made up of two parts: <\/span><\/span><span class=\"TextRun MacChromeBold SCXW223628464 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW223628464 BCX0\">Social Security<\/span><\/span><span class=\"TextRun SCXW223628464 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW223628464 BCX0\"> and <\/span><\/span><span class=\"TextRun MacChromeBold SCXW223628464 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW223628464 BCX0\">Medicare taxes<\/span><\/span><span class=\"TextRun SCXW223628464 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW223628464 BCX0\">.\u00a0<\/span><\/span><span class=\"EOP SCXW223628464 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66deb1d elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"66deb1d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tSocial Security \r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f41796c elementor-widget elementor-widget-text-editor\" data-id=\"f41796c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW217166958 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217166958 BCX0\">This provides benefits for retirees, those with disabilities, and the family members of deceased workers. <\/span><span class=\"NormalTextRun SCXW217166958 BCX0\">There&#8217;s<\/span><span class=\"NormalTextRun SCXW217166958 BCX0\"> a set percentage for this <\/span><\/span><span class=\"TextRun MacChromeBold SCXW217166958 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217166958 BCX0\">tax<\/span><\/span><span class=\"TextRun SCXW217166958 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217166958 BCX0\">, and it only applies to your <\/span><\/span><span class=\"TextRun MacChromeBold SCXW217166958 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217166958 BCX0\">wages<\/span><\/span><span class=\"TextRun SCXW217166958 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217166958 BCX0\"> up to a certain <\/span><\/span><span class=\"TextRun MacChromeBold SCXW217166958 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217166958 BCX0\">income<\/span><\/span><span class=\"TextRun SCXW217166958 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217166958 BCX0\"> limit each year.\u00a0<\/span><\/span><span class=\"EOP SCXW217166958 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c5d37de elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"c5d37de\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tMedicare \r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0a34c24 elementor-widget elementor-widget-text-editor\" data-id=\"0a34c24\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW111873537 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW111873537 BCX0\">This helps pay for health insurance for people 65 and older, and some younger individuals with disabilities. Like Social Security, this has a set <\/span><\/span><span class=\"TextRun MacChromeBold SCXW111873537 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW111873537 BCX0\">flat rate<\/span><\/span><span class=\"TextRun SCXW111873537 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW111873537 BCX0\"> percentage. Unlike Social Security, <\/span><span class=\"NormalTextRun SCXW111873537 BCX0\">there&#8217;s<\/span> <span class=\"NormalTextRun SCXW111873537 BCX0\">generally no<\/span> <\/span><span class=\"TextRun SCXW111873537 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW111873537 BCX0\">income<\/span> <\/span><span class=\"TextRun SCXW111873537 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW111873537 BCX0\">limit for the regular Medicare <\/span><\/span><span class=\"TextRun SCXW111873537 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW111873537 BCX0\">tax<\/span><\/span><span class=\"TextRun SCXW111873537 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW111873537 BCX0\">. If <\/span><span class=\"NormalTextRun SCXW111873537 BCX0\">you&#8217;re<\/span><span class=\"NormalTextRun SCXW111873537 BCX0\"> a higher earner, an <\/span><\/span><span class=\"TextRun MacChromeBold SCXW111873537 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW111873537 BCX0\">additional<\/span><span class=\"NormalTextRun SCXW111873537 BCX0\"> Medicare tax<\/span><\/span><span class=\"TextRun SCXW111873537 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"> <span class=\"NormalTextRun SCXW111873537 BCX0\">is <\/span><span class=\"NormalTextRun SCXW111873537 BCX0\">withheld, but this extra amount only comes out of <\/span><\/span><span class=\"TextRun SCXW111873537 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW111873537 BCX0\">your<\/span><\/span><span class=\"TextRun SCXW111873537 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW111873537 BCX0\"> paycheck, not your employer&#8217;s <\/span><span class=\"NormalTextRun SCXW111873537 BCX0\">portion<\/span><span class=\"NormalTextRun SCXW111873537 BCX0\">.<\/span><\/span><span class=\"EOP SCXW111873537 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1c25c93 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"1c25c93\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h3 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tState Income Tax \r\n\t\t\t\r\n\t\t\t<\/h3>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-205cc29 elementor-widget elementor-widget-text-editor\" data-id=\"205cc29\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW257273449 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW257273449 BCX0\">Most states also require you to pay a <\/span><\/span><span class=\"TextRun MacChromeBold SCXW257273449 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW257273449 BCX0\">State Income Tax<\/span><\/span><span class=\"TextRun SCXW257273449 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW257273449 BCX0\">. <\/span><span class=\"NormalTextRun SCXW257273449 BCX0\">S<\/span><span class=\"NormalTextRun SCXW257273449 BCX0\">ome states have high rates, some have low rates, and a few states <\/span><span class=\"NormalTextRun SCXW257273449 BCX0\">have none.<\/span><span class=\"NormalTextRun SCXW257273449 BCX0\"> If your state has it, your employer will withhold this based on state rules, using information from your W-4 or a similar state <\/span><\/span><span class=\"TextRun MacChromeBold SCXW257273449 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW257273449 BCX0\">tax form<\/span><\/span><span class=\"TextRun SCXW257273449 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW257273449 BCX0\">.<\/span><\/span><span class=\"EOP SCXW257273449 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f8a3dd9 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"f8a3dd9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h3 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tOther Potential Local Taxes \r\n\t\t\t\r\n\t\t\t<\/h3>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cf9aca7 elementor-widget elementor-widget-text-editor\" data-id=\"cf9aca7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW216581764 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW216581764 BCX0\">Finally, depending on where you live or work, you might see <\/span><span class=\"NormalTextRun SCXW216581764 BCX0\">small amounts<\/span><span class=\"NormalTextRun SCXW216581764 BCX0\"> withheld for other potential local <\/span><\/span><span class=\"TextRun SCXW216581764 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW216581764 BCX0\">taxes<\/span><\/span><span class=\"TextRun SCXW216581764 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW216581764 BCX0\">. These are less common but can include city or county-level income taxes or other local <\/span><\/span><span class=\"TextRun SCXW216581764 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW216581764 BCX0\">expenditures<\/span><\/span><span class=\"TextRun SCXW216581764 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW216581764 BCX0\">.<\/span><\/span><span class=\"EOP SCXW216581764 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aa49397 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"aa49397\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tForm W-4: Your Input on Tax Withholding \r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b89309b elementor-widget elementor-widget-text-editor\" data-id=\"b89309b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW229501319 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW229501319 BCX0\">The main goal of the W-4 is to help your employer withhold the correct amount of federal income tax from your paycheck throughout the year. You fill this out when you start a new job, and you can update it whenever your financial or life situation changes (like getting married, having a child, or getting a second job).<\/span><\/span><span class=\"EOP SCXW229501319 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81c2dc1 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"81c2dc1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h3 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tKey Information on the W-4 \r\n\t\t\t\r\n\t\t\t<\/h3>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2fc2a7f elementor-widget elementor-widget-text-editor\" data-id=\"2fc2a7f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ol>\n<li><b><span data-contrast=\"auto\">Your Filing Status<\/span><\/b><b><span data-contrast=\"auto\">:<\/span><\/b><span data-contrast=\"auto\"> You&#8217;ll select your status, such as Single, Married Filing Jointly, Married Filing Separately, or <\/span>Head of Household<span data-contrast=\"auto\">. Your filing status helps determine the <\/span><span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/legendfusions.com\/usa\/us-tax-brackets-2025\/\">tax brackets<\/a><\/span><span data-contrast=\"auto\"> that apply to you and how much of your <\/span>income<span data-contrast=\"auto\"> is subject to withholding.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Claiming Dependents<\/span><\/b><b><span data-contrast=\"auto\">:<\/span><\/b><span data-contrast=\"auto\"> If you have <\/span>dependents<span data-contrast=\"auto\">, like qualifying children under age 17 or other qualifying relatives, you can indicate this on your W-4. This step helps account for potential <\/span>tax credits<span data-contrast=\"auto\"> you might claim when you file your annual <\/span>income tax<span data-contrast=\"auto\"> return, which can reduce the amount of <\/span>tax withholding<span data-contrast=\"auto\"> from each <\/span>paycheck.\u00a0<\/li>\n<li><b><span data-contrast=\"auto\">Adjustments for Other Income or Deductions<\/span><\/b><b><span data-contrast=\"auto\">:<\/span><\/b><span data-contrast=\"auto\"> The form also allows you to account for other situations. For example, if you have <\/span>income<span data-contrast=\"auto\"> from other sources that doesn&#8217;t have <\/span>tax withholding<span data-contrast=\"auto\"> (like from a side job or investments), you can choose to have extra <\/span>tax withholding<span data-contrast=\"auto\"> taken from this job to cover the taxes on that other income. Similarly, if you plan to claim <\/span>deductions<span data-contrast=\"auto\"> other than the standard deduction when you file your taxes, you can adjust your withholding to reflect that.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Extra Withholding<\/span><\/b><b><span data-contrast=\"auto\">:<\/span><\/b><span data-contrast=\"auto\"> You can also simply choose to have an <\/span><i><span data-contrast=\"auto\">additional<\/span><\/i><span data-contrast=\"auto\"> dollar amount withheld from each <\/span>paycheck<span data-contrast=\"auto\"> if you prefer to get a larger refund or want to be sure you don&#8217;t owe money at the end of the year.<\/span><\/li>\n<\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f8b7c63 elementor-widget elementor-widget-text-editor\" data-id=\"f8b7c63\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW196050352 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW196050352 BCX0\">Read our guide to know exactly <\/span><\/span><a class=\"Hyperlink SCXW196050352 BCX0\" href=\"https:\/\/legendfusions.com\/usa\/how-to-fill-out-w4\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW196050352 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW196050352 BCX0\" data-ccp-charstyle=\"Hyperlink\"><span style=\"color: #3366ff;\">how to fill out the W-4<\/span>.<\/span><\/span><\/a><span class=\"EOP SCXW196050352 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-45ee0ee elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"45ee0ee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tGross Pay vs. Net Pay: Understanding All the Deductions \r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e4062fd elementor-widget elementor-widget-text-editor\" data-id=\"e4062fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Looking closely at your paycheck, you might see other amounts listed under &#8220;deductions.&#8221; This brings us to a key concept: the difference between your gross pay and your net pay.\u00a0<\/p>\n<p>Gross pay is your rate of pay multiplied by the hours worked, or your annual salary divided by the number of pay periods. Net pay is your gross pay minus <i>all<\/i> the taxes and <i>all<\/i> the other deductions.\u00a0\u00a0<\/p>\n<p>These are called payroll deductions. They can be for things you&#8217;ve chosen to contribute to or pay for. These deductions fall into two main categories:\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9ea8cd3 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"9ea8cd3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h3 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tPre-Tax Deductions \r\n\t\t\t\r\n\t\t\t<\/h3>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec35d35 elementor-widget elementor-widget-text-editor\" data-id=\"ec35d35\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The money for these deductions is taken out of your gross pay <i>before<\/i> many of your taxes (especially Federal Income Tax and often state income tax) are calculated. This lowers the amount of income that the IRS sees as &#8220;taxable,&#8221; so you end up paying less. Common examples of pre-tax deductions include:\u00a0<\/p>\n<ul>\n<li>Contributions to a traditional 401k retirement plan.\u00a0<\/li>\n<li>Premiums for certain health, dental, or vision insurance plans.\u00a0<\/li>\n<li>Contributions to a Flexible Spending Account (FSA) for healthcare or dependent care.\u00a0<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e52ceb5 elementor-widget elementor-widget-text-editor\" data-id=\"e52ceb5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW185006715 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW185006715 BCX0\">By reducing your <\/span><\/span><span class=\"TextRun MacChromeBold SCXW185006715 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW185006715 BCX0\">taxable income<\/span><\/span><span class=\"TextRun SCXW185006715 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW185006715 BCX0\">, these <\/span><\/span><span class=\"TextRun MacChromeBold SCXW185006715 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW185006715 BCX0\">pre-tax deductions<\/span><\/span><span class=\"TextRun SCXW185006715 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW185006715 BCX0\"> can actually increase your take-home pay compared to making the same payment with money <\/span><\/span><span class=\"TextRun SCXW185006715 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW185006715 BCX0\">after<\/span><\/span><span class=\"TextRun SCXW185006715 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW185006715 BCX0\"> it&#8217;s been taxed.<\/span><\/span><span class=\"EOP SCXW185006715 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b6ebbec elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"b6ebbec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h3 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tAfter-Tax Deductions \r\n\t\t\t\r\n\t\t\t<\/h3>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-209214b elementor-widget elementor-widget-text-editor\" data-id=\"209214b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>As the name suggests, these deductions are taken out of your paycheck <i>after<\/i> all the applicable taxes have been calculated and withheld. Examples might include:\u00a0<\/p>\n<ul>\n<li>Contributions to a Roth 401k (where you pay taxes on the money now, but qualified withdrawals in retirement are tax-free).\u00a0<\/li>\n<li>Wage garnishments (legally mandated deductions for things like child support or debt).\u00a0<\/li>\n<li>Union dues.\u00a0<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aafc997 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"aafc997\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tHow To Figure Out Payroll Taxes \r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2cc0fdb elementor-widget elementor-widget-text-editor\" data-id=\"2cc0fdb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">While your employer uses sophisticated <\/span><b><span data-contrast=\"auto\">payroll software<\/span><\/b><span data-contrast=\"auto\"> or services to handle all the precise numbers, the process follows a simple series of steps.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Here\u2019s the basic idea of <\/span><span data-contrast=\"auto\">how to <\/span><span data-contrast=\"auto\">arrive at your net pay:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<ol>\n<li><b><span data-contrast=\"auto\">Start with Your Gross Pay<\/span><\/b><span data-contrast=\"auto\">: This is your total wages or salary earned before any deductions.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Subtract Pre-Tax Deductions: <\/span><\/b><span data-contrast=\"auto\">Money for items like traditional 401k or FSAs is taken out here. This lowers the income amount used for calculating certain taxes (taxable income).<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Calculate and Withhold Federal Income Tax:<\/span><\/b><span data-contrast=\"auto\"> Based on your taxable income (from Step 2), your W-4 info, and IRS rules, the federal income tax withholding is calculated.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Calculate and Withhold State Income Tax (If Applicable):<\/span><\/b><span data-contrast=\"auto\"> If your state has income tax, that amount is calculated based on state rules and your income.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Calculate and Withhold FICA Taxes:<\/span><\/b><span data-contrast=\"auto\"> Social Security and Medicare taxes (FICA) are calculated based on your gross pay (up to the Social Security limit). These are set flat rate percentages.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Subtract After-Tax Deductions: <\/span><\/b><span data-contrast=\"auto\">Any after-tax deductions (like Roth 401k) are taken out now.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<li>The Result is Your Net Pay<span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-06417a3 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"06417a3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h3 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tExample Calculation: From Gross to Net Pay \r\n\t\t\t\r\n\t\t\t<\/h3>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c600afa elementor-widget elementor-widget-text-editor\" data-id=\"c600afa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Let&#8217;s say your <\/span>Gross Pay<span data-contrast=\"auto\"> for this pay period is <\/span>$2,000<span data-contrast=\"auto\">. This is the total amount you earned based on your hours or salary.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">1. Subtract Pre-Tax Deductions:<\/span><\/b><span data-contrast=\"auto\"> You contribute $100 to your 401k each paycheck, and $50 for health insurance premiums, both as <\/span><b><span data-contrast=\"auto\">pre-tax deductions<\/span><\/b><span data-contrast=\"auto\">.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span data-contrast=\"auto\">a. $2,000 (Gross Pay) &#8211; $100 (401k) &#8211; $50 (Health Insurance) = $1,850<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span data-contrast=\"auto\">b. This $1,850 is your <\/span>taxable income<span data-contrast=\"auto\"> amount for calculating Federal Income Tax and often state income tax.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">2. Calculate Federal Income Tax Withholding: <\/span><\/b><span data-contrast=\"auto\">For this example, <\/span><span data-contrast=\"auto\">let&#8217;s say based on your $1,850 taxable income and your W-4, your employer&#8217;s <\/span>payroll software calculates your FITW as $180.\u00a0<\/p>\n<p><b><span data-contrast=\"auto\">3. Calculate State Income Tax (Example):<\/span><\/b><span data-contrast=\"auto\"> We&#8217;ll assume you live in a state with a simple 3% income tax rate applied to the $1,850 taxable income.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span data-contrast=\"auto\">a. $1,850 (Taxable Income) * 3% (State Tax Rate) = <\/span><b><span data-contrast=\"auto\">$55.50<\/span><\/b><span data-contrast=\"auto\"> (State Income Tax)<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559685&quot;:1440,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">4. Calculate FICA Taxes:<\/span><\/b><span data-contrast=\"auto\"> These are based on your original <\/span>Gross Pay<span data-contrast=\"auto\"> of $2,000.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p style=\"padding-left: 40px;\"><b><span data-contrast=\"auto\">a. Social Security:<\/span><\/b><span data-contrast=\"auto\"> $2,000 * 6.2% = <\/span><b><span data-contrast=\"auto\">$124<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<p style=\"padding-left: 40px;\"><b><span data-contrast=\"auto\">b. Medicare:<\/span><\/b><span data-contrast=\"auto\"> $2,000 * 1.45% = <\/span><b><span data-contrast=\"auto\">$29<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span data-contrast=\"auto\">c. (Remember, your employer pays these same amounts too!)<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559685&quot;:1440,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">5. Subtract After-Tax Deductions (Example):<\/span><\/b><span data-contrast=\"auto\"> Let&#8217;s say you have $10 taken out for something like a gym membership deduction that is taken after taxes.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p style=\"padding-left: 40px;\"><b><span data-contrast=\"auto\">a. $10<\/span><\/b><span data-contrast=\"auto\"> (After-Tax Deduction)<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79ddff6 elementor-widget elementor-widget-text-editor\" data-id=\"79ddff6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Now, let&#8217;s put it all together to find your <\/span>Net Pay<span data-contrast=\"auto\">:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<ul>\n<li><span data-contrast=\"auto\">Start with Gross Pay: $2,000<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Minus Pre-Tax Deductions: -$150 ($100 + $50)<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Minus Federal Income Tax Withholding: -$180<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Minus State Income Tax: -$55.50<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Minus Social Security Tax: -$124<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Minus Medicare Tax: -$29<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Minus After-Tax Deductions: -$10<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"auto\">$2,000 &#8211; $150 &#8211; $180 &#8211; $55.50 &#8211; $124 &#8211; $29 &#8211; $10 = <\/span>$1,451.50\u00a0<\/p>\n<p>So, in this example, your Net Pay that you receive is $1,451.50.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f85643 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"5f85643\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tHow to Calculate Payroll Taxes for Small Business \r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3e0d4eb elementor-widget elementor-widget-text-editor\" data-id=\"3e0d4eb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Apart from the taxes taken from your paycheck, your employer has their own payroll tax costs.\u00a0<\/p>\n<p>They match the Social Security and Medicare taxes (FICA) withheld from your pay.\u00a0<\/p>\n<p>Employers also pay unemployment insurance taxes (FUTA and SUTA). Employees do not pay these.\u00a0<\/p>\n<p>These employer-paid taxes are part of the total payroll cost and factor into how to calculate payroll taxes for small business and how much is payroll tax for employer overall.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4fc4831 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"4fc4831\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tFAQs\r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8924803 elementor-widget elementor-widget-toggle\" data-id=\"8924803\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1431\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1431\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"far fa-eye\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened far fa-eye-slash\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">What happens if I think my employer is withholding the wrong amount of federal income tax? <\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-1431\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1431\"><p><span class=\"TextRun SCXW212221710 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW212221710 BCX0\">Review your <\/span><\/span><span class=\"TextRun MacChromeBold SCXW212221710 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW212221710 BCX0\">Form W-4<\/span><\/span><span class=\"TextRun SCXW212221710 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW212221710 BCX0\"> and <\/span><span class=\"NormalTextRun SCXW212221710 BCX0\">submit<\/span><span class=\"NormalTextRun SCXW212221710 BCX0\"> a new one to your employer if needed. Use the <\/span><\/span><span class=\"TextRun MacChromeBold SCXW212221710 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW212221710 BCX0\">IRS<\/span><\/span><span class=\"TextRun SCXW212221710 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW212221710 BCX0\"> Tax Withholding Estimator for help. If too much is withheld, you get a refund when you file your tax return. If <\/span><span class=\"NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW212221710 BCX0\">too<\/span><span class=\"NormalTextRun SCXW212221710 BCX0\"> little, you may owe <\/span><\/span><span class=\"TextRun MacChromeBold SCXW212221710 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW212221710 BCX0\">taxes<\/span><\/span><span class=\"TextRun SCXW212221710 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW212221710 BCX0\"> and <\/span><span class=\"NormalTextRun SCXW212221710 BCX0\">possibly penalties<\/span><span class=\"NormalTextRun SCXW212221710 BCX0\">.<\/span><\/span><span class=\"EOP SCXW212221710 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1432\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-1432\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"far fa-eye\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened far fa-eye-slash\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">How often can I change my W-4 form? <\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-1432\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-1432\"><p><span class=\"TextRun SCXW46338868 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46338868 BCX0\">You can change your <\/span><\/span><span class=\"TextRun MacChromeBold SCXW46338868 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46338868 BCX0\">W-4<\/span><\/span><span class=\"TextRun SCXW46338868 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46338868 BCX0\"> at any time by <\/span><span class=\"NormalTextRun SCXW46338868 BCX0\">submitting<\/span><span class=\"NormalTextRun SCXW46338868 BCX0\"> a new form to your employer. The change usually takes effect <\/span><span class=\"NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW46338868 BCX0\">by<\/span><span class=\"NormalTextRun SCXW46338868 BCX0\"> the start of the first full pay period after <\/span><span class=\"NormalTextRun SCXW46338868 BCX0\">30 days<\/span><span class=\"NormalTextRun SCXW46338868 BCX0\"> of submission.<\/span><\/span><span class=\"EOP SCXW46338868 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1433\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-1433\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"far fa-eye\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened far fa-eye-slash\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Are taxes on bonuses or overtime calculated differently than on my regular pay? <\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-1433\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-1433\"><p><span class=\"TextRun MacChromeBold SCXW174669955 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW174669955 BCX0\">Bonuses<\/span><\/span><span class=\"TextRun SCXW174669955 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW174669955 BCX0\"> and <\/span><\/span><span class=\"TextRun MacChromeBold SCXW174669955 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW174669955 BCX0\">overtime<\/span><\/span><span class=\"TextRun SCXW174669955 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW174669955 BCX0\"> are subject to the same <\/span><\/span><span class=\"TextRun MacChromeBold SCXW174669955 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW174669955 BCX0\">taxes<\/span><\/span><span class=\"TextRun SCXW174669955 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW174669955 BCX0\"> (<\/span><\/span><span class=\"TextRun MacChromeBold SCXW174669955 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW174669955 BCX0\">Federal Income Tax<\/span><\/span><span class=\"TextRun SCXW174669955 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW174669955 BCX0\">, <\/span><\/span><span class=\"TextRun MacChromeBold SCXW174669955 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW174669955 BCX0\">FICA<\/span><\/span><span class=\"TextRun SCXW174669955 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW174669955 BCX0\">). However, <\/span><\/span><span class=\"TextRun MacChromeBold SCXW174669955 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW174669955 BCX0\">tax withholding<\/span><\/span><span class=\"TextRun SCXW174669955 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW174669955 BCX0\"> on supplemental wages like bonuses<\/span><span class=\"NormalTextRun SCXW174669955 BCX0\"> uses a 22% flat rate<\/span><span class=\"NormalTextRun SCXW174669955 BCX0\">. Your final tax bill for the year is based on your total annual <\/span><\/span><span class=\"TextRun MacChromeBold SCXW174669955 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW174669955 BCX0\">income<\/span><\/span><span class=\"TextRun SCXW174669955 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW174669955 BCX0\">, regardless of how it was earned.<\/span><\/span><span class=\"EOP SCXW174669955 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1434\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-1434\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"far fa-eye\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened far fa-eye-slash\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">After my employer withholds taxes, where does that money actually go? <\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-1434\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-1434\"><p><span class=\"TextRun SCXW10152217 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW10152217 BCX0\">Your employer sends the withheld <\/span><\/span><span class=\"TextRun MacChromeBold SCXW10152217 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW10152217 BCX0\">taxes<\/span><\/span><span class=\"TextRun SCXW10152217 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW10152217 BCX0\"> (<\/span><\/span><span class=\"TextRun MacChromeBold SCXW10152217 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW10152217 BCX0\">Federal Income Tax<\/span><\/span><span class=\"TextRun SCXW10152217 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW10152217 BCX0\">, <\/span><\/span><span class=\"TextRun MacChromeBold SCXW10152217 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW10152217 BCX0\">FICA<\/span><\/span><span class=\"TextRun SCXW10152217 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW10152217 BCX0\">, state, local) directly to the <\/span><\/span><span class=\"TextRun MacChromeBold SCXW10152217 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW10152217 BCX0\">IRS<\/span><\/span><span class=\"TextRun SCXW10152217 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW10152217 BCX0\"> and relevant state\/local government agencies. This money funds government programs like <\/span><\/span><span class=\"TextRun MacChromeBold SCXW10152217 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW10152217 BCX0\">Social Security<\/span><\/span><span class=\"TextRun SCXW10152217 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW10152217 BCX0\"> and <\/span><\/span><span class=\"TextRun MacChromeBold SCXW10152217 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW10152217 BCX0\">Medicare<\/span><\/span><span class=\"TextRun SCXW10152217 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW10152217 BCX0\">.<\/span><\/span><span class=\"EOP SCXW10152217 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1435\" class=\"elementor-tab-title\" data-tab=\"5\" role=\"button\" aria-controls=\"elementor-tab-content-1435\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"far fa-eye\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened far fa-eye-slash\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">My gross pay was the same, but my net pay is slightly different. Why? <\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-1435\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"5\" role=\"region\" aria-labelledby=\"elementor-tab-title-1435\"><p><span class=\"TextRun SCXW59930286 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW59930286 BCX0\">Even with the same <\/span><\/span><span class=\"TextRun MacChromeBold SCXW59930286 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW59930286 BCX0\">gross pay<\/span><\/span><span class=\"TextRun SCXW59930286 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW59930286 BCX0\">, <\/span><\/span><span class=\"TextRun MacChromeBold SCXW59930286 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW59930286 BCX0\">net pay<\/span><\/span><span class=\"TextRun SCXW59930286 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW59930286 BCX0\"> can change due to variations in other <\/span><\/span><span class=\"TextRun MacChromeBold SCXW59930286 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW59930286 BCX0\">deductions<\/span><\/span><span class=\"TextRun SCXW59930286 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW59930286 BCX0\"> (like insurance costs or <\/span><\/span><span class=\"TextRun MacChromeBold SCXW59930286 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW59930286 BCX0\">401k<\/span><\/span><span class=\"TextRun SCXW59930286 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW59930286 BCX0\"> based on hours), the number of pay periods in a month affecting monthly deductions, or minor rounding in <\/span><\/span><span class=\"TextRun MacChromeBold SCXW59930286 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW59930286 BCX0\">tax<\/span><\/span><span class=\"TextRun SCXW59930286 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW59930286 BCX0\"> calculations. Check your <\/span><\/span><span class=\"TextRun MacChromeBold SCXW59930286 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW59930286 BCX0\">paycheck<\/span><\/span><span class=\"TextRun SCXW59930286 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW59930286 BCX0\"> stub for details.<\/span><\/span><span class=\"EOP SCXW59930286 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-86112c0 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"86112c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tGet a Clear Picture of Your Finances, Everytime! \r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7fda495 elementor-widget elementor-widget-text-editor\" data-id=\"7fda495\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Learning \u2018how do you calculate taxes from payroll\u2019 helps you manage your money effectively under the system of federal taxation in the United States. While it seems complex, breaking down the different taxes withheld from your paycheck makes it understandable. Your W-4, income, and deductions are the key factors.\u00a0<\/p>\n<p>If you have complex questions about your tax withholding, deductions, or need personalized guidance on your tax situation, contact our experts at Legend Fusions, USA. Book a call with us now to get <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/legendfusions.com\/usa\/services\/personal-tax-accounting\/\">personalized tax advice<\/a><\/span>.\u00a0<\/p>\n<p><!-- \/wp:html --><!-- \/wp:columns --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a3e643 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"8a3e643\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tReviewed by:\r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-2d138c1 pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2d138c1\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c189860 pbmit-bg-color-over-image\" data-id=\"c189860\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-af9f5c8 elementor-position-left elementor-position-top elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"af9f5c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" width=\"512\" height=\"512\" src=\"https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/10\/Hira.webp\" class=\"attachment-full size-full wp-image-2443\" alt=\"Hira\" srcset=\"https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/10\/Hira.webp 512w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/10\/Hira-300x300.webp 300w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/10\/Hira-150x150.webp 150w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure><div class=\"elementor-image-box-content\"><h4 class=\"elementor-image-box-title\">Hira Asif<\/h4><p class=\"elementor-image-box-description\">Hira Asif, Client Manager (US) at Legend Fusions, brings over 11 years of tax expertise, including 8 years with Ernst &amp; Young. Her work focuses on tax advisory, compliance, and planning for individuals, partnerships, and private equity funds. With a deep knowledge of federal, state, and local tax regulations, Hira is skilled in identifying tax planning opportunities and reviewing corporate and partnership tax returns to optimize compliance and reduce exposures.<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd3409a elementor-widget__width-initial elementor-shape-rounded elementor-grid-0 e-grid-align-center elementor-widget elementor-widget-social-icons\" data-id=\"bd3409a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"social-icons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-social-icons-wrapper elementor-grid\">\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-linkedin elementor-repeater-item-2e23a96\" href=\"https:\/\/www.linkedin.com\/in\/hira-asif-1a08a81a1\/\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Linkedin<\/span>\n\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fab fa-linkedin\"><\/i>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-21d7d2b elementor-widget elementor-widget-text-editor\" data-id=\"21d7d2b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW217166958 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217166958 BCX0\">This provides benefits for retirees, those with disabilities, and the family members of deceased workers. <\/span><span class=\"NormalTextRun SCXW217166958 BCX0\">There&#8217;s<\/span><span class=\"NormalTextRun SCXW217166958 BCX0\"> a set percentage for this <\/span><\/span><span class=\"TextRun MacChromeBold SCXW217166958 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217166958 BCX0\">tax<\/span><\/span><span class=\"TextRun SCXW217166958 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217166958 BCX0\">, and it only applies to your <\/span><\/span><span class=\"TextRun MacChromeBold SCXW217166958 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217166958 BCX0\">wages<\/span><\/span><span class=\"TextRun SCXW217166958 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217166958 BCX0\"> up to a certain <\/span><\/span><span class=\"TextRun MacChromeBold SCXW217166958 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217166958 BCX0\">income<\/span><\/span><span class=\"TextRun SCXW217166958 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217166958 BCX0\"> limit each year.\u00a0<\/span><\/span><span class=\"EOP SCXW217166958 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>You work hard for your money. But when payday comes, the amount hitting your bank account is less than you earned. It&#8217;s all about taxes and deductions taken from your payroll. There are different types of taxes withheld, including federal income tax. On top of that, you may have other amounts taken out for things [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":3802,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[44],"tags":[],"class_list":["post-3790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guide"],"_links":{"self":[{"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/posts\/3790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/comments?post=3790"}],"version-history":[{"count":40,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/posts\/3790\/revisions"}],"predecessor-version":[{"id":5953,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/posts\/3790\/revisions\/5953"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/media\/3802"}],"wp:attachment":[{"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/media?parent=3790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/categories?post=3790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/tags?post=3790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}