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Net salary in hand - how much for tax etc.?

Net salary in hand - how much for tax etc.?

Old Feb 4th 2003, 3:44 pm
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Wink Net salary in hand - how much for tax etc.?

If someone gets a job in USA (western zone/ washington/california), how much he should expect to get in hand every month if gross annual salary is $60,000?

The net income should be after all taxes, health & car insurance premia.

Any estimate??

Thanx
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Old Feb 4th 2003, 6:17 pm
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Default Re: Net salary in hand - how much for tax etc.?

Originally posted by sbasak
If someone gets a job in USA (western zone/ washington/california), how much he should expect to get in hand every month if gross annual salary is $60,000?

The net income should be after all taxes, health & car insurance premia.

Any estimate??

Thanx
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To my knowledge, on your work earnings, there's both federal and state taxes taken off. There may be city taxes too.

You're best off checking the states and cities official sites for links or info so you can calculate an estimated net income.

It is impossible for anyone except you to work out the deductions for health and car insurance.

CA is probably one of the most expensive states to live in but don't quote me. If you do some research from reputable sources on the web (government websites, national media websites), you'll start to get an idea of costs.



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Old Feb 4th 2003, 11:41 pm
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California is very expensive to live in, what city are you looking to move to? You can go from extreme to extreme.

You can assume that you'll take 50% of the earnings home after taxes and 401k(pensions). If you have to pay for health care (if you can get it, a big IF), look from $150 to $800 a month. Not bad huh?
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