Question 1120478: GIVEN:
Annual Gross Salary: $33,394
Annual Retirement Contribution: 3339.4
Annual Taxable Income = $30,055
Annual Maryland State Tax = $1,375
Annual Federal Tax = $4,055
Annual Social Security Contribution =$2,070
Annual Medicare Contribution =$484
Your take-home pay is also referred to as net income. Deduct your retirement, taxes, and contributions from your gross salary. What is this amount?
Answer by Boreal(15235)   (Show Source):
You can put this solution on YOUR website! It is $30,055 minus the four others below it which add to $7984
$22,071
Subtract everything from the gross salary. They subtracted the retirement contribution to get $30,055. I continued from there.
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