Have a Tax Question? Ask a Tax Expert
Hi, my name is Mark. I will be happy to help you with your questions. To determine if you are paying the correct amount of taxes I would need some additional information. Could you please give me some more information about your situation.
What you are referring to is the amount of taxes that are withheld from your paycheck. This would be determined by how many exemptions that you claimed on the w-4 that you completed.
Your taxes would be determined by your income, less any deductions, less your personal exemption. If the amount of your withholding is greater than the taxes that are due you would receive a refund. It is possible that your coworkers tax situation is different. Perhaps they are married, have children, or are withholding a smaller amount.