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View Full Version : Local, County, and other tax info, anyone?


rcpromike
12-04-2009, 09:14 AM
I was wondering if any current or former CMs could help me in figuring out the Florida/local specific taxes that I can expect to be hit with on paychecks. After a preliminary Google search I only came up with Florida having no state income tax (and after another quick search, found out employees do not have a state unemployment tax obligation), but am having a harder time finding city/county taxes. I'm in a payroll accounting class this semester, so if it weren't for that and having to worry about student loans, I probably wouldn't even be thinking about trying to figure out paycheck estimates.

I know its a rather odd (and specific) request, but it is definitely helpful for someone like me trying to figure out rough "budget" before I get there.

Berlioz70
12-04-2009, 09:23 AM
I lose about 16-19% per paycheck to taxes (I'm listed as single).

My husband (who claimed himself as married) is closer to 13%.

Here is my blog about a budget (it's specifically targeted for CPs): http://brennailya.livejournal.com/?skip=40#24403

rcpromike
12-04-2009, 09:47 AM
Thank you, that was very helpful! Now I just have to decide if I want to claim a withholding allowance or not. I didn't when I worked at Cedar Point, so I got a refund. But after running some quick and dirty numbers, an extra $20 per paycheck may be helpful as long as it doesn't push me to under-paying and getting hit with tax due when April 2011 rolls around