Calculating your Income After Taxes
Discovery Resource # E-36
Discover Learn Plan Practicing/Living
"Pay the Piper" and plan your budget.
Understand how taxes impact your cash flow and how to estimate your income after taxes, so you’ll have a solid foundation when budgeting for your mortgage, car, emergency savings fund, living expenses, and investments.
- Learn how to estimate their taxable income.
- Learn how to calculate federal tax liabilities and state withholdings to estimate their take-home pay.