I would like to make a cost of living calculation related to getting a mortgage etc… so figuring out how the amount of salary paid in taxes and social security contribution each month is key.
If you follow the link below, you’ll see a paycheck calculator. Be sure to select CA as the state.
I am moving to California. How much of my gross salary will I keep after state and federal taxes are deducted?
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It depends highly on your tax bracket and the number of deductions that you are going to claim on your W-4. It’s about the same as your regular tax rate, if that helps. If you have a mortgage, you can probably claim an extra deduction or two. It’s going to be around 20-40% depending on the things mentioned.
References :
If you follow the link below, you’ll see a paycheck calculator. Be sure to select CA as the state.
References :
http://www.paycheckcity.com/netpaycalc/netpaycalculator.asp