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The percentage amount will be determined by what your marginal tax rate is when the taxable amount of profit sharing amount is added to all of your other gross income when you are preparing your income tax return for the year.

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Q: What percent of taxes are taken out of a profit sharing check?
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5.76%


How federal tax is taken out of your check in the state of Texas?

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What percent of taxes are taken out of your pay check in Louisiana?

It depends on how much you make and what you put down on your Form W-4. Use this calculator to calculate how much will be taken out of your pay check: http://www.paycheckcity.com/NetPayCalc/netpaycalculator.asp


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