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If you work 40 hours a week at minimum wage, how much would you bring home a month after taxes?

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Anonymous

Asked by Anonymous at 12:40 AM on Sep. 26, 2009 in Money & Work

Answers (11)
  • how many dependents?
    Anonymous

    Answer by Anonymous at 12:42 AM on Sep. 26, 2009

  • One I guess.
    Anonymous

    Answer by Anonymous at 12:43 AM on Sep. 26, 2009

  • What is minimum wage in your state? I generally take off about 25% to get an estimate.
    ohwrite

    Answer by ohwrite at 12:44 AM on Sep. 26, 2009

  • Whatever the federal minimum wage is, it's not different here.
    Anonymous

    Answer by Anonymous at 12:47 AM on Sep. 26, 2009

  • Here I think its about 550-600 every two weeks after taxes, but that might be a bit high.
    auroura

    Answer by auroura at 12:47 AM on Sep. 26, 2009

  • It really depends on your deductions, but probably around $900 - $1000 a month.
    FL2AK

    Answer by FL2AK at 1:48 AM on Sep. 26, 2009

  • 40 x 7.25 = 290
    290 - 25% = 217.5
    217.5 x 4 = 870

    About $870 a month
    About $10,440 a year
    luvmygrlz

    Answer by luvmygrlz at 1:53 AM on Sep. 26, 2009

  • Taxes are different in every state and city
    ashleyuc07

    Answer by ashleyuc07 at 10:17 AM on Sep. 26, 2009

  • Don't forget to deduct unemployment insurance and employee share of FICA...
    halfpint_ny

    Answer by halfpint_ny at 12:29 PM on Sep. 26, 2009

  • Taxes are different in every state and city

    This, I live in Wyoming, so when I estimate tax I only use 15% since there are no city or state taxes. Just federal.
    Jafra_mommy

    Answer by Jafra_mommy at 12:30 PM on Sep. 26, 2009

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