Is there a site about Salary calculation?

[WRESTLINGFAN]

I started a new job and, was wondering if there is a site that shows tax brackets and net pay after taxes are taken out. I know what my gross salary is. I divided my annual salary by 26. I want to know how much pay I will be taking home

FIRE SATHER!!!!!!!

[BoondockSaint]

I couldn't find one. Just figure 1/3 of the gross. Between federal tax, state tax, social security, medical, and that awful bear tax, it adds up.

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[mikeyboy]

Let the bears pay the bear tax. I pay the Homer tax.

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[Recyclerz]

For federal tax rates (http://www.irs.gov/formspubs/article/0,,id=109877,00.html)

Social security & Medicare taxes are like 7.65% of the first $88K; if you make more that that they stop taxing you on the excess.

I don't know what state you live in so you'll have to Google that yourself.

There's a lot of variables attached to tax paying/witholding (kids, 401k contributions, before or after tax medical premiums, etc) so hold off on pre-ordering those ivory back scratchers until you see how much you net.



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[angrymissy]

<a href="http://www.paycheckcity.com">www.paycheckcity.com</a> will figure everything out for you, including state taxes and tell you what your take home pay will be.

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