April Tax Report

Here are the numbers for April, as well as year-to-date totals.  All amounts are rounded to the nearest dollar, so the numbers might not appear to add up perfectly.

April:

Gross Income: $3268
Fed Tax: $171
SS Tax: $196
Med Tax: $46
State Tax: $116
Health Care: $4*
Sales Tax:$39
Gas Tax:$7
E911 Tax:$1
Other (Drivers License):$10

Total Taxes:$590
Percentage: 18.1%

Year to date:

Gross Income: $20725
Fed Tax: $1286
SS Tax: $1258
Med Tax: $294
State Tax: $473
Health Care: $18*
Sales Tax:$214
Car Tax:$158
Gas Tax:$30
Other:$12

Total Taxes:$3743
Percentage: 18.1%

* I include this because in years past, FaucetCompany paid 100% of the premium for individual medical insurance.  During the open enrollment meetings for 2014, we were told that employer plans would be assessed certain fees mandated by zer0care. The decision was made to have employees share part of the cost of these fees. The amount listed above is my “share” of the fees.
Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s