How much does tax take off your paycheck?

The amount of tax taken off your paycheck varies based on several factors, including your income level, filing status, and the number of allowances you claim on your W-4 form. Typically, federal income tax, Social Security, and Medicare taxes are deducted. Additionally, state and local taxes may apply depending on your location. Overall, you can expect a significant portion, often around 20-30% of your gross income, to be withheld for various taxes.