Question by Mother Isis: What percentage should we estimate out of a paycheck?
My husband got a new job, but will not be starting for several weeks. We know how much his monthly salary will be. We are just a bit curious – so we can start looking at a monthly home budget – how much out of that should we estimate come out for taxes?What percentage should we estimate out of a paycheck?
I dunno if it matters any, but we live in the state of Alabama.
Best answer:
Answer by jlf
http://www.paycheckcity.com
Add your own answer in the comments!
At least 25%
Depends on income and how he fills out W-4