How much would I get paid?

Question

How much would I get paid if I worked 71.5 hours with a 6.85 an hour? I know how much I would without taxes($548) but how much would be left when they take money out for taxes? Last check I worked 40 hrs and got paid orginally 274 before taxes but after I got 243. Im 17 years old. Can anyone help me?

Answer 1

Last week your net pay was 89 percent of your gross pay. I got that by dividing 243 by 274. So taxes were about 11 percent.

If we assume taxes go up a little because you worked so many more hours, lets assume taxes this week will be 13 percent. This is just a guess on my part, but if its true, with a gross of 71.5*6.85=489.78 less 13 percent is about $425.

Answer 2

Ok, the best I can figure is this. If you work over 40 hrs in one week, you should get time and a half for those hours over 40 hr. So you should be getting about $10.42 an hr for overtime hours.
So if you worked 71.5 hrs you should make approximately $600 before taxes (just an approximation). 40 hrs straight time, 31.5 hrs ot.
If you worked 71.5 hrs over a two week or longer period (which would be straight time, not overtime )you should make about $489.

Answer 3

If you worked those hours in a single week, your gross would be $597.67, not $548. Assuming you are claiming Single and 1 on your W-4 your net would be about $486.92 not including any State taxes if your State levies an income tax.