Tax & Wage Structure in Newark, Delaware

[FiveHorses]

Originally Posted by katreese

I don't know what tax laws apply to non-U.S. citizens.

Non-US citizens legally working in the US will pay exactly the same income taxes (federal, state, social security contributions, etc.) as a citizen.

Some countries do have a tax break for workers who are there temporarily - i.e. on a work-visa with an expiration date - but the US is not one of them.

[armx]

twinkle_bang:

Looks like you are getting ready to fly the coop!!

Income taxes are same for males and females!! If your income is $55K, the Fed and State taxes will total around $6.9 K. Then subtract FICA and Medicare (7.65%) for after tax income.

Then .... Health insurance, Auto insurance, Auto, Life Insurance, Food & other items, Rent are necessary major expense components.

After all the expenses have been subtracted $10-14 K should be left over.... In short, $55K fo two person family may be considered sufficient.

Furnished apartments are hard to come by; and in any case most apartments will require two months rent up front (one month as security deposit) so for that and for buying some basic furniture allow some funds to be allocated by you, your family and/or friends in the U.S. or explore with the prospective employer if a small relocating allowance could be included as initial compensation IMMEDIATELY after arrival in Newark. All insurance premiums and rent are always paid in advance.

If I think of anything else I will post. May be somebody else will think of something else.

[armx]

germantown_girl:

If you live in MD and work in DE you may have to pay taxes to both states but ..... if you live in DE and work in MD -- state of DE recognizes that one must pay taxes to the state where one is provided with a job and one must get full credit for that tax paid .... while paying the remaining taxes -if any - to the state that provides you with govt. services/benefits such as highways, police, fire fighters, no sales tax etc.

Soooo, living in DE and working in MD is not unfair at all!! It is not double taxation when you do that, wouldn't you agree?.

[Twinkle_Bang]

Thankyou so much Armx, the data you provided is really helpful. I understand with $55k per annum not much savings can be made after all the deductions. We would be left with amount to survive in Newark but not to save:-)
I would try for a job & keeping my fingers crossed about it. If I can get through & can get a job which would add up another 30-40$K per annum I think then it would be a good option to come over. No family & friends nearby Newark but yes company would pay some amount for relocation, do you think an amount of around $5000 or $6000 would be good enough for a relocation?
I have posted this query separately also...hope more people will come up with their suggestions.
But heartly Thanks to you, you have been of great help. Awaiting response