At the same time, for a well-tuned track machine the 2017 Chevrolet Corvette Grand Sport is remarkably docile to drive on your way to and back home from your next race school.
The federal income tax withholding would be $23, according to page 41 of the 2010 Circular E. The Social Security and Medicare tax rate for 1990 and later is 6.2 percent of gross earnings up to $106,800 and 1.45 percent of all gross compensation, respectively. Suppose the employee earns $200 weekly.
Federal income tax withholding is the amount of tax that an employer is required to withhold from an employeeâs paycheck. This amount is determined by the number of exemptions that an employee claims on her taxes and the amount of income that is being paid to her.Types of Income Tax