My math question says that a woman has a weekly gross salary of $590.20 and a take home salary of $464.90. what does that mean?
2007-05-18 07:29:56 · 20 answers · asked by Anonymous in Business & Finance ➔ Credit
what you bring home after taxes
2007-05-18 07:32:10 · answer #1 · answered by Marriedtothearmy 2 4 · 1⤊ 1⤋
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RE:
what does 'take home salary mean?'?
My math question says that a woman has a weekly gross salary of $590.20 and a take home salary of $464.90. what does that mean?
2015-08-16 21:35:56 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It's what she gets on her paycheck after taxes and things are taken out of it! What she takes home, not her full pay.
2007-05-18 07:33:20 · answer #3 · answered by wish I were 6 · 0⤊ 0⤋
Lots of things can cause money to be withheld from your paycheck, especially taxes, but also health insurance premiums, 401K plan investments, etc. Gross salary is what her employer agreed to pay her before all those deductions. Take home pay is her net paycheck, after deductions.
2007-05-18 07:34:52 · answer #4 · answered by CinderBlock 5 · 1⤊ 0⤋
Take Home Pay Definition
2016-09-29 09:59:26 · answer #5 · answered by ? 4 · 0⤊ 0⤋
your salary reduces to the $464.90 which means it's what you actually see..
the rest was taken by uncle sam.. the government fees like your state and city tax and health benefit comes out and so on..several fees that you will see stated on your check stub..
that why you file taxes and uncle sam will return some of it at tax season.
2007-05-18 07:45:42 · answer #6 · answered by BettyBoopGirl 5 · 0⤊ 0⤋
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Salary means what you have been promised to be paid that you are worth until the federal government, state government, local government, mortgage company, bank fees, gas, utilities, food, etc. is removed, leaving you with about $1.26 to your name at the end of the year. I made that last part up myself. – Thumper
2016-04-03 08:41:08 · answer #7 · answered by Anonymous · 0⤊ 0⤋
take home salary is what is left after taxes and other monies are taken out of the gross salary amount.
2007-05-18 07:32:36 · answer #8 · answered by ♥♥The Queen Has Spoken♥♥ 7 · 1⤊ 0⤋
After State, federal taxes and deductions.
2007-05-18 07:32:28 · answer #9 · answered by wizjp 7 · 2⤊ 0⤋
it means that her total salary (gross) is 590.20 but after deduction of taxes and other statutory dues (payments to the government and other deductions) her nett salary is only 464.90. I hope this is helpfull
2007-05-18 07:34:01 · answer #10 · answered by Guy 1 · 0⤊ 0⤋
It means after taxes.
2007-05-18 07:38:41 · answer #11 · answered by Constance C 4 · 0⤊ 0⤋