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Find out what your gross income is. (40 x 10.25)= gross income, Then deduct all of the taxes and expenses from that.
Do you mind showing me what you did? I'll try to find the mistake.
What did you get for gross income?
(40 x 10.25)= gross income
Your gross income is off.
The statement "40 hours/week over five days at a rate of $10.25/hour". means you work 8 hours each day for 5 days.
40/5
So what is your new gross income?
Show me how you got it if you don't mind.
Right, from $1375, if you add all of the taxes, 12% withheld for federal taxes, 7% for state taxes, and FICA is 7.65%. How much do you have left?
Then subtract that from 725.
no, If you have $1375, and you are taxed 12% + 7% +7.65%. What is the total tax that you pay?
yes.
$283.56
$1,008.56 - $725.00
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