You ask your question, I give you advice. That's all there is to it.
Gender: Female Member Since: April 12, 2011 Answers: 460 Last Update: September 7, 2014 Visitors: 21366
|
| |
Hey guys,
I'm going to be moving to California for a job and I'm starting to think about how much I can afford on a apartment among other things. I'm a single female and I'll be making about $50,000. So I was wondering how much of that would be taken in taxes and what I'd actually be able to spend. I tried paycheckcity.com and I don't know if I can trust it. As a test I used my current salary and it said I made about $7,500 less than I do now after taxes (even though things like retirement and such are taken from my paycheck currently). I checked with the new salary and it said I'd make $20,000... It sounds too crazy that $30,000 will be taken in taxes...
If you're a California resident, can you please give me an estimate on how much I can expect to make? One coworker said it's safe to assume that half my paycheck will be gone which is awful... Any advice would be good. Or if you have a site you know is more accurate.
Also, I'll be moving out of the house with this move to a new state so I want to make sure I can afford to support myself. (link)
|
I\'m sorry to say but your coworker may be pretty close to being correct, it could be anywhere from 1/3 to 1/2 of your check going to taxes, especially being single without dependents. I made 7k a year and half of that was gone before I had my son. *Gladly I make much more than that now* But even still they still do take quite a pretty penny from me even with my son as a dependent. Better safe to assume at least half will be taken than to underestimate the power of the government taxing system.
|
|