What % of taxes are taken out of a check weekly when claiming 0
Yes it depends on which city and state you live in. But claiming 0 usually takes out about 20-30%. And you should know that even without any children, most people are allowed to claim up to 3. That's what I did and on a paycheck I just recieved that was a $370 gross, they only took $30. so that's about...well definitely less than 10%! The reason you are allowed to claim 3 is that you can claim 1 for being single, 1 for being the head of house hold (this is ok even if you live with your parents, your girlfriend/fiancee, or a roomate because you are still the head of your own household as long as noone else is claiming you. and if your parents are claiming you, they are pretty much making money off of you so you should have them take some money off the rent or something. and you can also claim another 1 for making less than a certain amount per year I think it is. just ask your employer, or any business should have some extra laying around for a tax form and look at all of the options there. the only downside to claiming 3 is that you may end up owing at the end of the year. but I can tell you that I have been claiming 3 for over 10 years and I've just never filed taxes and I've never had any problems. the way I see it, if I ever get a real good paying job or get rich, then I'll get ahold of the IRS myself and pay off whatever I owe. but since I've never been contacted, I have to assume that I have either been breaking even, or maybe they owe me money. I've just always claimed 3 because I've always been poor so I've always needed the money "right now". so claiming 0=20-30% 2=10-20% 1=less than 10%. keep in mind I am no tax expert so these figures are not exact but just based on my own experiences. hope it helps you.
In the United States, employers are required to withhold federal income tax, plus one-half of the Social Security tax, and one-half of the Medicare tax. Together, the employer's and employee's shares of the Social Security and Medicare taxes are known as the FICA tax.
In some places, employers may be required to withhold state income tax, or even city income tax. In addition the employer is required to pay State and Federal unemployment tax.
Therefore, it really depends on location.