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what is the % of taxes taken out of your check in NY?


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depending on which income bracket you're in obviously, but it's about 28% from federal for me, then more for state/local etc... i'd estimate it to be about 30-32%.

now for bonuses, holy crap. they take about 47% if you are single, no dependents, etc. but you get most of it back during tax return season.

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It is based on how many dependents you have on your w-4.

If you put 0, the most possible amount will be taken out, but you will get a refund at the end of the year.

If you put 1 you will have less taken out

If you put 2 you will have a lot less taken out, but you MIGHT owe money at the end of the year.

I think you need to have kids to put above 2.

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