Friday, August 12, 2011

How much will be deducted from my salary for federal & state taxes as well as for social security?

I'm a permanent resident w/ an IR-2 visa. I just got here in the US and this is my first job. I earn around $4800 a month, single 23 year-old, w/o dependents & no properties like a car or house. I have no idea what a tax exemption is so I can't give you any details about that. I just put 0 in my W-4 form when my employer asked me to fill it up. Also, we have pretax deductions for our medical/dental/life insurance which is $90 biweekly. What will be my net salary after all the deductions from federal and state taxes and from social security? I'm in Illinois, by the way. Thanks so much

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