I am trying to figure out how much my husband's check is going to be, because he ended up with more hours then usual. So, if we live in Iowa, and he has no deductions, if he has 112 hours at $8.24 an hour, how much should his take home be..??
2007-09-18 06:39:41 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
8.24 x 112 = 922.88 (gross)
In my experience (we also mark no deductions, makes for a bigger tax return!), the withholdings are about one third of the gross, so the amount we normally bring home is 66%....
922.88 x .66 = 609.1008
For budgeting purposes, I'd use a round $600.
2007-09-18 06:50:48 · answer #1 · answered by Yoda's Duck 6 · 0⤊ 1⤋
Witthout knowing what's on his W-4 form, or how long a period that 112 hours was for, it isn't possible to answer you except to suggest paycheckcity.com
Remember that some of that pay is probably at time and a half.
2007-09-18 15:17:06 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
www.paycheckcity.com is a paycheck calculator website that will give you the answers you need.
2007-09-18 13:45:19 · answer #3 · answered by Anonymous · 1⤊ 0⤋