This is how it is calculated. Gross income - medical and dental insurance premiums HSA contribution - Uniform allowance = Income that these taxes based on. 6.2 % goes to social security 1.45% goes to Medicare For Example Gross income 4,000 medical and dental insurance premium 200 HSA Contribution 200 Uniform allowance… Continue reading How much SS tax and medicare tax are you paying
Category: Tax
Finance calculators
Finance Calculators 1 Expense ratio effect calculator. Don't forget this is Huge. http://401kfee.com/how-much-are-high-fees-costing-you/ 2 Investment Calculator. Find out what your money can earn http://www.calculator.net/investment-calculator.html 3 Global Rich List. Find out where you stand financially http://www.globalrichlist.com/wealth 4 RMD Calculator. https://web.fidelity.com/mrd/application/MRDCalculator 5 Quick tax estimate https://www.calcxml.com/calculators/federal-income-tax-calculator 6 AGI calculator. You need this number to determine your eligibility… Continue reading Finance calculators