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Question

You make $52,800/year as a salaried employee who is paid semi-monthly. Taxes are Federal (15%), FICA (7.65%), and State (3%). You are also having $50/paycheck withheld for health care. What will your realized income be on your next paycheck?

$1,585.70

$1,459.88 ***

$564.30
7 years ago

Answers

Steve
52800/24 * (1-.15-.0765-.03) - 50 = ?
How did you get your answer?
7 years ago

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