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Originally Posted by maleficent
43,500 - Starting salary (In every state I've ever lived in bonuses are taxable income)
-3045 - North Carolina State Income Tax (7 percent)
-7432- Federal Income Tax ($4,220.00 plus 25% of the amount over 30,650)
-3328 - FICA (7.65 percent)
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29595 - Gross income
Some of those taxes you'll get back -- but not all...
The mother in me woudl caution you saying spending on a car, almost what your rent is, seems dangerous when you are starting out... you've got the rest of your life for snazzy wheels... (hey look forward tot hat midlife crisis and a sports car  |
WOW is it really that high? they are taking away 25% of my total income??
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Off the record, on the q.t., and very hush-hush.
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