subject
Mathematics, 21.10.2019 20:00 21schraderlily

Pretend that you are grown up and on your own, starting your life in your chosen career. create a personal budget for your new, independent life.

find a typical starting salary for a career that interests you from an online source. (you can use the salary you located earlier in the discussion about cost of living adjustments.)

chosen career: veterinarian

typical starting salary:

calculate the taxes you would have to pay on this salary. be sure to show your calculations.

first, find your annual income tax based on this rate schedule:

2013 u. s. federal income tax rates for single adults

10% on taxable income from $0 to $8,925, plus

15% on taxable income over $8,925 to $36,250, plus

25% on taxable income over $36,250 to $87,850, plus

28% on taxable income over $87,850 to $183,250, plus

33% on taxable income over $183,250 to $398,350, plus

35% on taxable income over $398,350 to $400,000, plus

39.6% on taxable income over $400,000.

then, find your annual social security tax (6.2 percent of total income):

next, find your annual medicare tax (1.45 percent of total income):

now find your net annual income after taxes (subtract your federal income tax, social security tax, and medicare tax, from your annual salary:

now that you’ve found your net annual income, divide this number by 12 to find your net monthly income:

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 19:00
Me with geometry ! in this figure, bc is a perpendicular bisects of kj. dm is the angle bisects of bdj. what is the measure of bdm? •60° •90° •30° •45°
Answers: 2
question
Mathematics, 21.06.2019 22:20
Which graph has figures that can undergo a similarity transformation to justify that they are similar? (obviously not the third one)
Answers: 2
question
Mathematics, 21.06.2019 23:20
If f(x) = 4x - 3 and g(x) = x + 4, find (f - g) (x)
Answers: 3
question
Mathematics, 22.06.2019 02:30
Yuto solved the equation below. what is the solution to yuto’s equation?
Answers: 2
You know the right answer?
Pretend that you are grown up and on your own, starting your life in your chosen career. create a pe...
Questions
question
Mathematics, 31.03.2020 22:44
question
Mathematics, 31.03.2020 22:44
question
History, 31.03.2020 22:44