In a few years, you will be making $180,000 annual gross salary. Suppose your average income tax withheld each month = .268 of your monthly salary $180,000/12. In addition the withholding for FICA (social security and Medicare) is 7.65% of your monthly salary. Additionally, your 401(K) withholding is $350/month and other withholdings (extra life insurance, your part of health insurance, misc.) is $280/month. Complete the following table to find MONTHLY take home pay, and the % of your monthly salary you received each month. Gross monthly salary = Income tax withholding = FICA withholding = 401(K) Contribution = Other Withholdings Total Withholding Take Home Pay = % of Monthly Salary received =