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If I get a 58,832 compensation pay from my employer how much of it will go to taxes.

 
5 Replies

If I get a 58,832 compensation pay from my employer how much of it will go to taxes.

hard to say - depends on what state you  of live in, what your family situation is, whether you are elgible for tax credits, , how much of you compensation goes towards pre-tax benefits, etc.... it's why you fill out a tax return. 

 

 

If I get a 58,832 compensation pay from my employer how much of it will go to taxes.

I file married jointly, and with two dependents I made 43,000.00 taxable last year roughly the same as this year. my state is louisiana

If I get a 58,832 compensation pay from my employer how much of it will go to taxes.

if your 2022 situation is similar to 2021, then assume the taxes are about the same. 

rjs
Level 15
Level 15

If I get a 58,832 compensation pay from my employer how much of it will go to taxes.

What do you mean by "compensation pay"? Do you mean that you expect to earn $58,832 from your job in 2022, or is the $58,832 some sort of extra payment in addition to your regular pay?

 

If I get a 58,832 compensation pay from my employer how much of it will go to taxes.

You are asking from TT Live Self-Employed, but then refer to an "employer."  Please clarify, or ask your TT Live Rep.

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