I live in NJ. I'm just trying to figure out monthly bills if I get the job I interviewed for.
2007-02-15 13:40:00 · 9 answers · asked by CutieTM 2 in Business & Finance ➔ Careers & Employment
This is not a straightforward answer. It depends on many things, such as number of dependants, marriage status, union dues, and insurance premiums. I know the last two generally come later, but if you're planning your budget, you'll need to take that into consideration. As far as dependants and spouse, the more you claim, the less they take out in taxes. As a rule, I never claim the full number of allowances. Short yourself by one or two (if possible) to increase witholding so you don't end up paying in at the end of the year.
Soooooo....let's start talking math. Generally, if you're single with no dependants, guestimate 20% for taxes. To be safe, use 25%...
38000/52=730.77 gross per week
730.77*.75= $548.07 net (bring home) per week after tax
That's roughly $2192.00 per four weeks.
Subtract union dues and insurance from this amount.
If you are married and/or have kids, the net will go up from there, but don't plan on a set higher amount until you see your first check, then figure your budget. It's much easier to spend unexpected money than pay for unexpected bills. Good luck and I hope you get it!!
Blessings
ps I live in Ohio and this formula takes out federal, state, and local for my area. I wouldn't think Ohio vs NJ would make much difference, but it might. Peace
2007-02-15 13:59:32 · answer #1 · answered by Silverwolf 4 · 1⤊ 0⤋
My Salary After Taxes
2016-11-04 03:21:53 · answer #2 · answered by lander 4 · 0⤊ 0⤋
I make a little more than that and w health insurance, taxes, etc my net pay is about 1045 (paid every 2 weeks). My gross is around 1450.
2007-02-15 13:50:27 · answer #3 · answered by jillmarie2000 5 · 0⤊ 0⤋
There's no accurate way to say. It depends upon your filing status, exemptions, deductions, etc. Nowhere near enough information to even give a wild guess.
2007-02-15 13:54:19 · answer #4 · answered by Bostonian In MO 7 · 0⤊ 0⤋
it depends on the filing status you enter on your W-4 but about $500 to $600 a week.
2007-02-15 13:47:45 · answer #5 · answered by Bob 6 · 1⤊ 0⤋
about 550 a week after taxes
2007-02-15 13:45:05 · answer #6 · answered by Joshua 1 · 1⤊ 0⤋
Depending on how many deductions you take and if your health insurance comes out of your pay also, I'd guess 2200-2300/month
2007-02-15 13:50:04 · answer #7 · answered by Tiff 5 · 0⤊ 0⤋
if you go to:
http://www.paycheckcity.com
You can enter your salary, how often you get paid, what state you live in and all that information and it you will give you an accurate paycheck calculation.
2007-02-15 13:59:25 · answer #8 · answered by Anonymous · 0⤊ 0⤋
dont think of it as a salary but will i like the job i interviewed for and what other perks such as health and life insurance or 401 k and other perks like that.
2007-02-15 13:50:07 · answer #9 · answered by gary d 4 · 0⤊ 0⤋
probably about $2500/month
2007-02-15 13:42:57 · answer #10 · answered by I'm so crafty, I make people 5 · 0⤊ 0⤋