How much does Massachusetts take out of you paycheck for taxes?
The federal income tax rate for Massachusetts depends on the IRS withholding tax tables--available in IRS Circular E--and the employee's W-4 form. FICA deductions are withheld at 6.2 percent of gross income for Social Security tax and 1.45 percent of gross income for Medicare tax.
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About Income Tax
The Income Tax is a tax imposed by the Federal, most states and local governments. The income tax is determined by applying a tax rate to an income bracket. In 2011, taxes are due on April 15th.
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