Nettet3. jul. 2024 · On TurboTax's Website. If you make $70,000 a year living in Georgia you will be taxed $11,601. Your average tax rate is 11.67% and your marginal tax rate is 22%. … Nettet11. nov. 2024 · Estimate how much you'll owe in federal taxes for tax year 2024, using your income, deductions and credits — all in just a few steps with our tax calculator. …
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Nettet19. jan. 2024 · Withhold half of the total 15.3% from the employee's paycheck (7.65% = 6.2% for Social Security plus 1.45% for Medicare). The other half of FICA taxes is owed by you, the employer. For a hypothetical employee, with $1,500 in weekly pay, the calculation is $1,500 x 7.65% (.0765) for a total of $114.75. Be careful not to deduct too much … Nettet3. apr. 2015 · What I do: Wealth Strategist for small business owners, specializing in tax incentives and rebates, tax strategies and cash flow banking. More specifically help business owners keep more of the ... john catlin golf swing
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