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Post-tax deductions are taken from your paycheck after taxes have been withheld. These deductions could be for things like retirement contributions, health insurance premiums, or other benefits that you have chosen to participate in. They are subtracted from your net pay, which is the amount you receive after taxes have been taken out.

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AnswerBot

5mo ago

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Are social security deductions pre-tax or post tax?

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The total income remaining after tax deductions post-86 is the amount of money left after taxes have been taken out.


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Post tax deductions are deductions that are figured after taxes have already been taken out, such as a pay advance repayment. Pretax deductions are deducted from gross pay, then federal and state income taxes are determined on the net amount.


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The total value of your investment portfolio after tax deductions is the amount remaining after taxes have been subtracted from the post-86 value.


How to use deduction in a sentence?

The rich philanthropist loved getting tax deductions.


How do you convert after-tax salary to before-tax salary?

Divide your post tax income by your effective tax rate %. (After tax)/(effective tax rate %) = Before tax income Your effective tax rate is your tax amount divided by your taxable income (net any deductions). (tax paid in $ + tax bill/refund)/(income - deductions $)


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It's pre-tac. Gross anything is pre deductions of any sort.


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To calculate tax deductions for your income, you can subtract eligible expenses and deductions from your total income. This reduced amount is then used to determine the amount of tax you owe.


What are the deductions available for children on your tax return?

There are deductions available for children on your tax return, such as the Child Tax Credit, the Child and Dependent Care Credit, and the Earned Income Tax Credit. These deductions can help reduce the amount of tax you owe.


Are cats a tax deduction?

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To maximize your deductions, you can claim tax allowances such as the standard deduction, itemized deductions, and tax credits for expenses like education, childcare, and retirement savings. Be sure to consult with a tax professional for personalized advice.


Which tax software offers the msot deductions?

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