I think the overall percentage of all taxes (Fed, State Social Security, Medicare) could be around 22% to 25% of your gross income, if you put some into 401K and childcare ($10,000 for 2 kids). You paid about 35%.
You probably did not put enough 401K and childcare?
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Childcare is upto 5000 for all children together. right?
-CrystalWater-
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03/28/2010 postreply
11:35:32
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yes.
-ranch99-
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03/28/2010 postreply
12:39:31
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you can't put $10000 even if you have 2 kids, max is 5k
-WSBJR-
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03/28/2010 postreply
13:01:57