what will I have to make an hr if I want $300.00 wk bring home?

Answer 1

take $300 divided by about 65% (net fed and state tax, social security,etc). That equals $462 per week divided by 40 hours =
$11.55 per hour

Answer 2

$10.00 per hour should allow you to bring home a little more than $300.00 per week. This will depend on your deductions of course, the more deductions the more you actually bring home.. but, the chances of having to pay the IRS at tax time is far greater doing this.

Answer 3

Also depends on how many hours you work in a week and if you have health Insurance taken out and/or the modern equilivent of Social Security that is company mandated these days... Sometimes when you contribute, they don't ask your permission knowing that it is your future and just deduct it and put it into the account for safe keeping...

Don't mind the vague rambling... I can't think of exactly what it's called right now... I am drawing a blank! If anyone knows, help me out!

Answer 4

That depends on how many hours you want to work.

I figure you take home about 75% of your pay. So, to take home $300, you have to make $400. Just divide $400 by the number of hours you will be working and there is your hourly rate.

Ex. 400 / 20hrs = $20/hr.

Answer 5

This all depends on your state and local tax rates and assuming no other deductions. For example, if the Federal Govt takes15% + 7% for SS and your local tax rate is 5%, then the answer is:

300 (take home) / 0.73 = $410.96, or 10.27 per hour.

0.73 is {1.00 - .015 - 0.07 - 0.05}

Again, you will need to know the approximate percentages for taxes taken out, along with any other deductions.

Answer 6

$10 or more an hr