NisforNanny wrote:Try the free tax withholding calculator at 4nannytaxes.com, but I am guessing that your employer has started withholding all taxes (income, SS, unemployment) as the number you mention is pretty close to that for someone single and and claiming zero deductions - exact amount depends on where you live. Obviously if your employer is going to start withholding taxes or more taxes (I live in MA, where my employer is only required to withhold payroll taxes and not income) there should have been a conversation and paperwork.
I would definitely ask, as you should get either your money or written confirmation about what taxes are being withheld.
I agree, sounds like she is deducting taxes. Odd that you would not have had a discussion about this first though. If you are in Montgomery County that is a reasonable net (take home) based on Single, zero exemptions.
Calculations Based On:
Weekly Gross Wages: $200.00
Pay Frequency: Weekly
Filing Status: Single
Withholding Allowances: 0
State: MD,
Montgomery County
Weekly Results:
Employee Gross Wages: $200.00
Gross subject to IT: $200.00
Social Security: ($12.40)
Medicare: ($2.90)
Federal Withholding (2013): ($15.80)
MD State Tax : ($13.51)
Expense Reimbursement: $0.00
Employee Net Pay: $155.39
Employer Obligations:
Employee Gross Wages: $200.00
Social Security Tax (Employer): $12.40
Medicare Tax (Employer): $2.90
Unemployment Taxes: $6.73
Assumes $350 expense per employee per year. Your rates may vary.
Estimated Expense per Pay Period: $222.03
Tax Calculator Provided by Home/Work Solutions, Your Nanny Tax Specialists
Call toll-free 1-800-NaniTax (800-626-4829)
Rates Last Updated 1/4/2013