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  1. #1
    Zen MEDITATE's Avatar
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    tax pro brahs.. have a salary vs taxation question

    if you making $160k to $180k a year as a director at a top automotive supplier based in detroit,mi ... how much do you get as a net salary .

    i checked on a few after net salary websites and they all say i get ~$60k after tax... is this true... can someone confirm?


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  2. #2
    Registered User grzaskoj's Avatar
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    brah thats semi monthly meaning biweekly so its about 10.3k take home per month which is solid i guess
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  3. #3
    Registered User wutevs's Avatar
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    Not a tax pro but Pay Frequency = Semi-Monthly
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    Zen MEDITATE's Avatar
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    Originally Posted by grzaskoj View Post
    brah thats semi monthly meaning biweekly so its about 10.3k take home per month which is solid i guess
    ah ok, thanks for pointing it out , didnmt read the semi monthly.


    so if you earn 15k a month you only pay 5k in taxes?
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  5. #5
    Registered User grzaskoj's Avatar
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    it looks like you would be paying about 2300ish in taxes every pay period so around 5k for every 15k gross or 5kish per month. Make sense though I own my own business and try to keep about 35% for taxes
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