You earn $420 per week. You pay social security taxes of 7.65%, federal taxes of 22%, and state taxes of 5.95%. What is your take home pay?

Respuesta :

bobeld
$420 x .0765 = $32.13
$420 x .22     = $92.40
$420 x .0595  = $24.99   

The total of those three deductions comes to $149.52

Finally subtract that from 420.     $420 - 149.52 = $270.48  - that is known as the net amount.  (the $420 is called the gross amount).