If you get 35 million dollars how much will you have after taxes??

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If you get 35 million dollars how much will you have after taxes??

2006-08-26 08:39:15 · 4 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance

4 answers

Probably about $20m.

2006-08-26 08:44:43 · answer #1 · answered by ZCT 7 · 0⤊ 0⤋

That would depend soley on what your deductions are, i.e. dependents, etc. AND what state you live in. Federal tax rate is te same across the country, but STATE taxes, well that can change 50 times!!! Here in California, you might end up keeping 40% of that money, maybe!

2006-08-26 15:46:31 · answer #2 · answered by walterhawthorneiii 2 · 0⤊ 0⤋

I'd automatically knock off 50% for a realistic remainder.

like 28 million give or take... depending on what state and your age

2006-08-26 15:44:47 · answer #4 · answered by Dum Spiro Spero 5 · 0⤊ 0⤋