how much is the employer tax

[kalyanhr]

Hi,
I am on H1B and I work for a consultancy. I would like to know this - "how much is the employer tax". I know, it differs from state to state. I would like to know, the average percentage of the employer tax.

Please let me know if there is any site to know these exact rates.

Thanks,
kal

[txh1b]

There is no average on the tax. There are several components to payroll taxes.

Federal Tax - Depends on your income level and dependents.
State Tax - Depends on your income level and dependents. Some states have fixed percentage while some have no tax.
Local Taxes (Some cities) - Depends on your location
SSA Tax (Medicare/FICA) - Usually 6.5% of your income and another 6.5 is chipped by the employer.

For a decent sized income, you can expect anywhere between 20-35% held after your deductions are factored in. If you have several dependents, then it could be much less.

[maverick7008]

payroll caculator

Google for Pay roll calculator - you will find many sites that will break down your taxes by state.