How much tax will be taken off my paycheck in southern ontario I get 560.00 a week Toronto is the city.?
Answers: I'm guessing your paid bi-weekly (every second week) so each paycheque will be for $1,120
Salary or wages for the pay period 1,120.00
Federal tax deductions 96.51
Provincial tax deductions 54.97
CPP deductions 48.78
EI deductions 19.38
Net amount 900.36
So after taxes you'd have $900.36 every two weeks.
Take a look at this web. It will give you a rough estimation of your taxes:
http://www.calculateyournetsalary.com
Earned Income Credit Question?
I live in NY and be wondering what the average amount is for having newborn twins.I worked for 3 mo and made approx 20 thousand and claimed 5 since i had any children. april be put on disability for 6 mo had twins surrounded by november. any deductions for havin premature babies?? how much EIC am i entitled to am a single mom.Answers: There is no "average."
Since you don't state how much disability income you have or whether it was taxable income or not, there's little point contained by going further.
If I owe taxes will near be a snag on the other portion??
I owe like 2,000 but I am getting a 6500 will it bring longer to get the remainder of the money??Answers: If you enjoy filed more than one federal tariff return for 2006 you can expect to be contacted by the IRS very soon.
Update:
OK, so you file your federal return and expect to get around $6,500 final. Now you say that you owe $2,700. To who? The State or Local due? If so, the time it takes for the federal settlement has zilch to do with State or local taxes as they are completely different entities.
If you owe the IRS, nearby won't be a huge delay. It's 2-3 extra device instructions.
If you owe for back child support or a default student loan, then this could donate a few weeks.