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I was just offered an entry-level position @ $30,000.00. That equates to $2,500.00 a month gross. How do I figure out what my paycheck will be every two weeks? How do I figure out how much will be taken out if I claim no dependents. I live in New York state btw...

2007-10-05 10:23:48 · 3 answers · asked by parker 2 in Business & Finance Taxes United States

3 answers

You're making $30,000 a year. $2,500 a month is the gross.

Take the gross amount for the month--$2,500

Divide it by the number of weeks you want to figure--2

$2,500 / 2 = $1,250

You will be making $1,250 every two weeks, $625 every week!

Have fun!

2007-10-05 10:30:56 · answer #1 · answered by Nate 5 · 0 0

You should take 30% off the top for taxes and such.
That leaves you $21,000 a year.
Divided that by 26 you get $807.70 a pay check every two weeks. The 30% is a rough number. I don't know the exact taxes and such, but it works most of the time.

2007-10-05 11:06:02 · answer #2 · answered by ? 6 · 0 0

It depends on more info that you show in your question. Go to paycheckcity.com and fill in the info it asks for, and it will give you a very close estimate.

2007-10-05 13:34:58 · answer #3 · answered by Judy 7 · 0 0

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