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2. What is net pay? How to calculate the money you're taking ...

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   These includes taxes, benefits, wage garnishments and other deductions. In simple terms, net pay is the money you take home directly from your paycheck. For example, if someone gets paid $1,200 ...

3. Adjusted Gross Income: What It Is and How To Calculate ... - AOL

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   At this point, you can take the standard deduction or itemize deductions if you have enough tax deductions to surpass the value of the standard deduction. The result is your taxable income. The ...

4. Do You Know What’s Being Deducted From Your Paycheck? - AOL

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   For example, if your wages are $50,000 for the year, you’ll see $3,825 taken out of your paycheck; but your employer will also pay an additional $3,825 to the government in payroll taxes on your ...

5. Adjusted gross income - Wikipedia

   en.wikipedia.org/wiki/Adjusted_gross_income

   In the United States income tax system, adjusted gross income (AGI) is an individual's total gross income minus specific deductions. [1] It is used to calculate taxable income, which is AGI minus allowances for personal exemptions and itemized deductions. For most individual tax purposes, AGI is more relevant than gross income. Gross income is ...

6. How Much Should I Withhold From My Paycheck for Taxes?

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   Short-term capital gains are taxed at your federal income tax rate. Long-term capital gains tax rates vary from 0% to 20%, depending on your income. Long-term capital gains tax rates vary from 0% ...

7. Tax withholding in the United States - Wikipedia

   en.wikipedia.org/wiki/Tax_withholding_in_the...

   Withheld income taxes are treated by employees as a payment on account of tax due for the year, [7] which is determined on the annual income tax return filed after the end of the year (federal Form 1040 series, and appropriate state forms). Withholdings in excess of tax so determined are refunded.