close
    what is the expected take home pay for a 20 year old with no dependants making 8.00/hr 40hrs./wk?

    0  Views: 293 Answers: 1 Posted: 14 years ago

    1 Answer

    Gross $320   (40 x $8.00).  You'll have federal and state taxes, social security, and disability withheld.  Figure about 25% ($80) never making it to your bank.  If you pay for health insurance or other extras, it might be even more; also, the state in which you live is going to be a consideration.  
    Hopefully, you got a big raise!



    Top contributors in Uncategorized category

     
    ROMOS
    Answers: 18061 / Questions: 154
    Karma: 1102K
     
    Colleen
    Answers: 47269 / Questions: 115
    Karma: 953K
     
    country bumpkin
    Answers: 11322 / Questions: 160
    Karma: 838K
     
    Benthere
    Answers: 2392 / Questions: 30
    Karma: 760K
    > Top contributors chart

    Unanswered Questions

    joss188org
    Answers: 0 Views: 9 Rating: 0
    kuanilian
    Answers: 0 Views: 10 Rating: 0
    Go88
    Answers: 0 Views: 12 Rating: 0
    11sunwinus
    Answers: 0 Views: 13 Rating: 0
    tk88vninnet
    Answers: 0 Views: 15 Rating: 0
    XN88
    Answers: 0 Views: 17 Rating: 0
    > More questions...
    544254
    questions
    772385
    answers
    897738
    users