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Net Pay Worksheet PDF  Form

Net Pay Worksheet PDF Form

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Instructions and help about gross pay and net pay worksheets

okay so now that we found income tax and we've started looking at your gross income and how income tax affects that we have a couple more things that we have to look at so we have Mr Joe Houston here and we're going to help him figure out what his paycheck is going to be because if you notice he's got some blank spots um because we don't know how much he's made net salary after everything's been taken out now we're saying that his gross earnings are the 1250 that we talked about in the last video So based on that we know that the federal income tax is 22370 but there's a couple more things that we also have to calculate if you notice we have social security and we also have Medicare these are other things that are taken out of our daily paychecks that are put into accounts um that the government uses and that come back to us later on in life so we need to calculate how much is going out so we have some different rates now

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