Question:

How can i estimate the average amount of taxe that will come out of my paycheck?

by  |  earlier

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if i make 13.78 an hour, and i work for 36 hrs a week

monthly check would be 1984.32

how much taxes will be taken out

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2 ANSWERS


  1. 1) Multiply hourly rate by number of hours a week:

    $13.78 x 36 hours = $496.08 gross wages per week

    2) Multiply weekly gross by 52 weeks to get yearly gross total.

    $496.08 x 52 weeks = $25,796.16

    3) Divide by 12 months to get monthly gross total.

    $25,796.16 / 12 months = $2,149.68 per month

    4) Divide your check amount ($1,984.32) by the gross amount ($2,149.68) to find what percentage of gross is take-home, or net pay.

    $1,984.32 / $2,149.68 = 92%

    5) Subtract 92% from 100% to find out how much is taken out for taxes.

    100 - 92 = 8%

    6) Subtract the net amount from the gross amount to find out the actual $$ taken out for taxes.

    $2,149.68 - $1,984.32 = $165.36


  2. Or just plug it in:

    http://www.paycheckcity.com/netpayhrates...

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