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To determine Paula's discretionary income each month, we need to subtract her essential expenses (like housing, utilities, food, and transportation) from her total monthly income. Discretionary income is what remains after covering these necessary costs. If you provide Paula's monthly income and her essential expenses, I can help you calculate her discretionary income.

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1mo ago

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Ifshe gets 2575 a month and 33 percent is deducted for income tax.How much money is deducted from her salary for income tax each month?

No


If your income is 1240 a month and you plan to budget 920 of your income for rent and 12 of your income for food how much do you plan to spend each month on these two items Simplify your?

If you plan to budget $920 for rent and $12 for food, your total monthly expenditure on these two items would be $920 + $12 = $932. This means you plan to spend $932 each month on rent and food combined.


What is the purpose of a retirement income calculator?

A retirement income calculator allows individuals to calculate how much income they will require each month when they have retained, factors that effect this includes age and savings.


What is the state tax rate in Florida?

The state of Florida has no state income tax. If you are looking for state sales tax, the federal (universal) tax rate is 6%, then each county puts in discretionary surtax, ranges from 0% to 2.5%


Imagine someone makes 30000 a year and receives two paychecks per month. The employer withholds 13.9 of that in federal income tax. What is the amount of each paycheck after federal income tax has bee?

To calculate the amount of each paycheck after federal income tax, first determine the annual federal income tax withheld: 13.9% of $30,000 equals $4,170. Subtract this from the annual salary to find the net income: $30,000 - $4,170 = $25,830. Since there are 24 pay periods in a year (2 per month), divide the net income by 24, resulting in approximately $1,073.75 for each paycheck after federal income tax.

Related Questions

Paula prepared the following budget how much discretionary income does Paula have each month?

4


This is the Reed family budget. How much discretionary income does the family have each month?

474


How This is the Reed family budget. How much discretionary income does the family have each month?

474


How much discretionary imcome does the family have each month?

It's different for every family.


What is discretionary income?

Discretionary income is disposable income (after-tax income), minus all payments that are necessary to meet current bills. It is total personal income after minus taxes and minimal survival expenses (such as food, medicine, rent or mortgage, utilities, insurance, transportation, property maintenance, child support, etc.) to maintain a certain standard of living. It is the amount of an individual's income available for spending after the essentials have been taken care of: Discretionary income = gross income – taxes – all compelled payments (bills)


Ifshe gets 2575 a month and 33 percent is deducted for income tax.How much money is deducted from her salary for income tax each month?

No


Joel earns 1500 per month If he spends 375 on rent each month what percent of his income does he spend on the rent?

He spends 25% of his income on rent.


Ebony earns 2 000 per month if she spends 450 on rent each month what percent of her income does she spend on rent?

To find the percentage of Ebony's income spent on rent, divide her rent by her total income and then multiply by 100. So, ( \frac{450}{2000} \times 100 = 22.5% ). Therefore, Ebony spends 22.5% of her income on rent each month.


How much money is made on a fixed income?

This can be various amounts but it is the same amount each week each month during the year such as social security benefits or a pension income or supplement security income, etc.


Joel earns 1500 per month if he spends 375 on rent each month what percent of his income does he spend on rent?

25%


How Joel earns 1700 per month If he spends 425 on rent each month . what percent of his income does he spend on rent?

It is: 25%


If you have budgeted 2.3 of your income to go toward car repair how much should you set aside each month if you earn a monthly income of 1800?

$41.40 per month would be 2.3% of $1800.