I get paid can, How much income tax do I pay on a 250 weekly check ?

Update:

Cash, not can, SORRY.

4 Answers

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  • 4 weeks ago

    Very little but we can't really tell.

  • Judy
    Lv 7
    4 weeks ago

    On 13,000 a year, not much - maybe a few hundred dollars for the year, around $5 a week.  But since you are paid cash, you will also owe self-employment tax for social security and medicare, since it's not taken out.  That will be almost $1000 for the year.  Half of that would be paid by your employer if they were following the law and taking tax out of your pay.

  • 4 weeks ago

    Sounds like you'll get a 1099 at the end of the year. You will not only pay income tax, but also SE [sejf employment] tax. Without have ANY other info, you should tuck away about 20% to break even.

    • The Football God
      Lv 7
      4 weeks agoReport

      For the thumb down, SS part is 12.4% and the medicare part is between 2.9 and 3.8%. So the minimum is on SE is 16.3% on top of income tax.

  • Greg
    Lv 7
    4 weeks ago

    That depends upon your specific situation. Fill out a W-4 form, or use one of the on-line W-4 calculators entering your data. The answer is likely zero for federal income tax. However, there are also employment taxes and local taxes. In any case, what they take out is not "what you pay". You determine your taxes by completing tax forms next year.

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