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Money Matters Scenario

Married coupled 1 Gross pay Net Pay Taxes FICA


Wife/$30000- $69000 $54326 $9395 $5279
Husband/$39000
NO kids
(Arizona)
Married couple 2 Gross Pay Net Pay Taxes FICA
Wife/$48500- $89500 $69804 $12849 $6847
Husband/41000
Two kids
(California)
Single Man Gross Pay Net Pay Taxes FICA
$27/ Hourly Rate $27/hr * 40 $43,628 $8,236 $4,296
Six Kids = Minus
Child Support $56160 Child Support
(Texas) $26177
Single woman Gross pay Net Pay Taxes FICA
$10/ Hourly rate $10/hr * 40 $17705 $1,504 $1,591
One kid =
(Mississippi) $20800
High school Student Gross pay Net Pay Taxes FICA
$8/ Hourly rate $8/ * 23hrs $11,284 $1,010 $1,018
No kids =
(Georgia) $13312

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