Problema Solution

If Heather earns an annual salary of $46,500 with federal income tax of $3,200, state income tax of $930, and FICA taxes at 7.65%, what will her take-home pay be after paying taxes?

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If Heather earns an annual salary of $46,500 with federal income tax of $3,200, state income tax of $930, and FICA taxes at 7.65%, what will her take-home pay be after paying taxes?

 

46500 - 3200 - 930 - .0765*46500 (3557.25)

= 38812.75 per year