In Virginia, taxes deducted from a paycheck include state income tax, federal income tax, and FICA taxes (Social Security and Medicare). The Virginia state income tax is progressive, ranging from 2% on the first $3,000 of taxable income, 3% on income between $3,001 and $5,000, 5% on income between $5,001 and $17,000, and 5.75% on income over $17,000. There is no local income tax in Virginia. In addition to state tax, federal income tax is withheld based on the federal W-4 form, which considers filing status, income, and dependents. FICA taxes are withheld at 6.2% for Social Security and 1.45% for Medicare, which are matched by the employer. Self-employed individuals pay the full 15.3% (employer plus employee share). Other deductions affecting taxable income may include pre-tax contributions such as 401(k) plans and Health Savings Accounts (HSAs). Post-tax deductions could include union dues or wage garnishments. To summarize:
- Virginia state income tax: 2% to 5.75% depending on income brackets
- Federal income tax: varies per W-4 inputs
- FICA taxes: 7.65% total (6.2% Social Security + 1.45% Medicare)
- No local income tax in Virginia
An example from a paycheck calculator shows roughly 5.14% state income tax withheld, about 15.68% federal income tax, and 7.65% FICA taxes, totaling approximately 20.81% of gross pay deducted for taxes.
For precise deductions, one needs to consider individual income, filing status, any exemptions or deductions claimed, and payroll frequency. Virginia withholding tables and calculators are also available for exact figures based on paycheck amounts and exemptions claimed.