Payroll tax calculator, Divide the after tax"salary by

Payroll tax calculator

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Reference no: EM133573781

Next, use the following Payroll Tax Calculator to calculate your FICA deduction from your annual salary.

Take the employee amount (as your employer pays the the other half) and combine with the federal taxes derived in the above step. Deduct this amount from your yearly salary. This is your yearly "after-tax"yearly salary.

Divide the after tax"salary by twelve to obtain the monthly after tax salary.

What is the dollar difference between your monthly gross and your monthly after-tax salary ?

Is the after-tax salary the amount you actually would take home ?

Or could there be either more pre or post tax deductions ?

Please list some of the possible pre-tax deductions.

Reference no: EM133573781

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