new123 Posted May 18, 2011 Report Posted May 18, 2011 Maa employer ni payroll run cheyataniki adigithe ee lekkalu cheppadu...[color=red]We will run your payroll for 52K as per LCA. If will cost you 13% Employer Tax + your tax (25-30%).As we are currently not running the payrolls and its done by third party, I am assuming your taxes to be around 30%. for 15 days:Gross : $2166.66taxes : 43% = $931.66[/color][/color]Is this calculation correct?Can some one please clear my doubt? Quote
calsunny Posted May 18, 2011 Report Posted May 18, 2011 Interesting....I don't think its correct.....its like you are ending up close to $1100 in taxes. s%H#[url=http://www.paycheckcity.com/]http://www.paycheckcity.com/[/url]> Calculators> Standard> Salary PaycheckPlug in State>Gross Pay>Pay Frequency etc.Mention your legal work status[OPT, H1B etc]....so that someone will be having better idea on taxes. Quote
Strictly NBK Posted May 18, 2011 Report Posted May 18, 2011 1. Employer Should Pay you the promised after he pays the pay roll tax ( Pay roll tax inclused State Unemployment tax, state tax, Fed tax to be paid by employer for every employee) and if you are on H1 and he doesnt pay you the Minimum LCA Wage.. he is under risk and He Can be Sued .2. How will the Employer pay Your State and Fed Tax.... You are the one who is supposed to pay if he runs your pay chequ... you will see the State and Fed taxes on teh pay stub, ask him to run the pay cheuq for what ever he proimised you initially. Quote
new123 Posted May 18, 2011 Author Report Posted May 18, 2011 These are the details i got.But maa employer 13% tanadi edo tax annnadu adi teesukuntara general ga payroll run cheyataniki?Salary Paycheck CalculatorYour Pay Check ResultsBi-weekly Gross Pay $2,000.00Federal Withholding $330.77Social Security $84.00Medicare $29.00Virginia $98.46NetPayNet Pay $1,457.77Calculation Based OnCheck Date 05/01/2011Gross Pay $52,000.00Gross Salary YTD $0.00Pay Frequency Bi-weeklyFederal Filing Status Single# of Federal Allowances 0Additional Federal Withholding $0.00State for withholding VirginiaAdditional State Withholding 0Age and Blindness Exemptions 0Personal Exemptions 0Exempt State false Quote
new123 Posted May 18, 2011 Author Report Posted May 18, 2011 prastutaniki project ledu...want to run payroll for my extension.... Quote
Sweeety Posted May 18, 2011 Report Posted May 18, 2011 OPT lo usual ga entha % tax cut avuthundi...?????????????? biweekly around 2000 ki Federal and state ki kalipi 390+ tax cut avuthundi naku....kompathesi nanu thirigi kattamanaru kada next yr??? !q# !q# sCo_^Y sCo_^Y sCo_^Y sCo_^Y Quote
Sweeety Posted May 19, 2011 Report Posted May 19, 2011 +_( +_( +_( +_([quote author=Sweeety link=topic=194264.msg2368406#msg2368406 date=1305763123]OPT lo usual ga entha % tax cut avuthundi...?????????????? biweekly around 2000 ki Federal and state ki kalipi 390+ tax cut avuthundi naku....kompathesi nanu thirigi kattamanaru kada next yr??? !q# !q# sCo_^Y sCo_^Y sCo_^Y sCo_^Y[/quote] CITI#H@ CITI#H@ CITI#H@ s%H# s%H# s%H# s%H# s%H# s%H# Quote
Strictly NBK Posted May 19, 2011 Report Posted May 19, 2011 [quote author=Sweeety link=topic=194264.msg2368406#msg2368406 date=1305763123]OPT lo usual ga entha % tax cut avuthundi...?????????????? biweekly around 2000 ki Federal and state ki kalipi 390+ tax cut avuthundi naku....kompathesi nanu thirigi kattamanaru kada next yr??? !q# !q# sCo_^Y sCo_^Y sCo_^Y sCo_^Y[/quote]If Bi Weekly 2K is the gross pay, you are under 50K Bracket, Which should be fine if you file single. Manchi CPA ni chudu tax time lo... He will infact get you returns :-) Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.