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How much tax can I expect to pay on my first paycheck?

Asked by skwerl88 (532points) August 1st, 2008

I just started my first job, and got my first paycheck for $448. My company employs me as a temporary worker, so I’m considered a contractor. I’m still under my parents’ insurance, but have no clue how much I need to be saving for tax, and how much can go into my savings.

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