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Net pay refers to the amount of take home pay after taxes and other deductions (healthcare, social security, retirement, etc.). For the purposes of this
Net pay refers to the amount of take home pay after taxes and other deductions (healthcare, social security, retirement, etc.). For the purposes of this project we will assume everyone is an unmarried Individual with no children. We will assume your net salary is simply your gross salary minus your taxes that you will calculate using the table below) and all of your gross salary will be considered taxable income. Find your net pay. Show all calculations, including descriptions if necessary. Be sure to use the equation editor and label your final solution. Round your solution to the nearest dollar. Taxable income is Between The Tax Due le $0 $9,525 10% of taxable income $9,526 - $38,700 $952.50.12% of the amount over $9,525 $38,701 - $82,500 54,453.50 22% of the amount over $38,700 $82,501 - $157,500 $14,089.50 +24% of the amount over $82,500 $157,501 - $200,000 $32,089.50.32% of the amount over $157,500 $200,001 - $500,000 $45,689.50.35of the amount over $200,000 $500,001 or more $150,689.50 37% of the amount over $500,000 Mill For the toolbar, press ALT+F10 (PC) or ALTFN+F10 (Mac). TT TT Paragraph 31120 XD09 TT. Ox Mashup salary is $144,233
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