| Hourly Wages After Taxes (approx.) | Oct 14, 2006 | ||||||||||
| $10 hour | |||||||||||
| $10 hr x 40hrs = $400 week | Taxes for Single claiming 1 Exemption: | ||||||||||
| $400 - $75.90 taxes = $324.10 weekly take home pay | Federal - | $35.77 | |||||||||
| $1,296.40 monthly take home pay | FICA SS - | $24.80 | |||||||||
| FICA HI - | $5.80 | ||||||||||
| Equates to $8.10 hour after taxes | Ohio - | $9.53 | |||||||||
| $75.90 | |||||||||||
| $9 hour | |||||||||||
| $9 hr x 40hrs = $360 week | Taxes for Single claiming 1 Exemption: | ||||||||||
| $360 - $64.85 taxes = $295.15 weekly take home pay | Federal - | $29.77 | |||||||||
| $1,180.60 monthly take home pay | FICA SS - | $22.32 | |||||||||
| FICA HI - | $5.22 | ||||||||||
| Equates to $7.38 hour after taxes | Ohio - | $7.54 | |||||||||
| $64.85 | |||||||||||
| $8 hour | |||||||||||
| $8 hr x 40hrs = $320 week | Taxes for Single claiming 1 Exemption: | ||||||||||
| $320 - $54.38 taxes = $265.62 weekly take home pay | Federal - | $23.77 | |||||||||
| $1,062.48 monthly take home pay | FICA SS - | $19.84 | |||||||||
| FICA HI - | $4.64 | ||||||||||
| Equates to $6.64 hour after taxes | Ohio - | $6.13 | |||||||||
| $54.38 | |||||||||||
| $7 hour | |||||||||||
| $7 hr x 40hrs = $280 week | Taxes for Single claiming 1 Exemption: | ||||||||||
| $280 - $43.64 taxes = $236.36 weekly take home pay | Federal - | $17.77 | |||||||||
| $945.44 monthly take home pay | FICA SS - | $17.36 | |||||||||
| FICA HI - | $4.06 | ||||||||||
| Equates to $5.91 hour after taxes | Ohio - | $4.45 | |||||||||
| $43.64 | |||||||||||
| $6 hour | |||||||||||
| $6 hr x 40hrs = $240 week | Taxes for Single claiming 1 Exemption: | ||||||||||
| $240 - $34.24 taxes = $205.76 weekly take home pay | Federal - | $12.56 | |||||||||
| $823.04 monthly take home pay | FICA SS - | $14.88 | |||||||||
| FICA HI - | $3.48 | ||||||||||
| Equates to $5.14 hour after taxes | Ohio - | $3.32 | |||||||||
| $34.24 | |||||||||||
| $28.84 hour (current wage of $26.74 + $2.10 cola) | |||||||||||
| $28.84 hr x 40hrs = $1,153.60 week | Taxes for Single claiming 1 Exemption: | ||||||||||
| $1153.60 - $326.78 taxes = $826.82 weekly take home pay | Federal - | $195.67 | |||||||||
| $3,307.28 monthly take home pay | FICA SS - | $71.49 | |||||||||
| FICA HI - | $16.72 | ||||||||||
| Equates to $20.67 hour after taxes | Ohio - | $42.90 | |||||||||
| $326.78 | |||||||||||
| Tax Calculator for Federal, Fica, and Medicare: | (no city or local taxes figured in) | ||||||||||
| http://www.pensoft.com/taxcalc.asp | for ref. Warren tax is 2% | ||||||||||
| Tax Table for Ohio State: | |||||||||||
| http://tax.ohio.gov/divisions/employer_withholding/documents/WTH_WeeklyRate_2006_FS_100106.pdf | |||||||||||
| http://www.diversityj.com/DelphiGM/ | |||||||||||