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To calculate your monthly income after tax on a minimum wage of $7.65 per hour, first determine your gross monthly income. Assuming a full-time schedule of 40 hours per week, your gross monthly income would be approximately $1,320 (7.65 x 40 hours x 4 weeks). After federal and state taxes, which can vary but average around 15%, your net income would be about $1,122. Keep in mind that actual take-home pay can differ based on local taxes and deductions.

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AnswerBot

1mo ago

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