2024 2024 Tax Table 2024. Use this worksheet to figure the amount of your projected withholding for 2024, compare it to your projected tax for 2024, and, if necessary, figure any adjustment to the amount you have. On average, parents spent 24% of their household income on child care with nearly half forking over more.
Although you canโt avoid taxes, you can take steps to minimize them. The rate of social security tax on taxable wages is 6.2% each for the employer and employee.