Subscribe | E-mail newsletters | RSS
Work & Money
from the July 28, 2003 edition

Web Smarts: Calculate your take-home pay

Compiled by Jeffrey Meyers
www.paycheckcity.com

WHAT: A website that calculates your take-home pay after taxes, and provides step-by-step hints on filling out a W-4 form.

BEST POINTS: Since Congress ordered employers to reduce federal withholding taxes, your paycheck should be fatter in July than it was in June. Even if you see a bump, its worth double checking your company's math at this website.

WHAT YOU SHOULD KNOW: Be sure to bring your paycheck to the computer. Then enter your state, gross pay, and deductions into the on-screen form, and press calculate.

Voilà! The website displays your tax savings and new take-home pay, factoring in the effect of the massive tax-cutting legislation that President Bush signed into law in May.

One example: A single person with a gross income of $48,000 will receive about $5 extra each week, says Joseph Matoney, an accounting professor at the University of Rhode Island.

The website is operated by Symmetry Software, a paycheck-management company.
Get Monitor stories by e-mail:
(Your e-mail address will be protected by csmonitor.com's tough privacy policy.)
Tools and Guides
Ethical investing
Annual Guide to Giving
Finance questions?
E-mail Work & Money.
  
Ethical Market Monitor
The Domini Social Index 400 over the last 90 days.
3m  6m  1y  2y  compare to DJIA
Chart from Yahoo! Finance
Chart data by CSI
 
Salary Wizard ®

Find out what you're worth

Job title

Zip Code

salary.com

(Mary Knox Merrill/Staff)
 EDITOR'S PICK Five cities that will rise in the New Economy
From Seattle to Huntsville, Ala., five cities are poised to prosper in the New Economy because of exports, innovation, clean technology, and healthcare.

In Pictures:
Get ready for gridlock
POLITICS Patchwork Nation
The American voter beyond red and blue

Daily podcast

Monitor Reports

Discussions with Monitor reporters from around the world

Today

Peter Grier

The Monitor's Peter Grier talks with reporter Ron Scherer about how Black Friday will effect the economy this year.

Subscribe in iTunes | rss RSS feed | All Audio
Making a difference
Making a Difference

What happens when ordinary people decide to pay it forward? Extraordinary change. See how individuals are making a difference, finding solutions, overcoming adversity, and giving back globally.

Batdorj Gongor convinces residents to set up savings groups as a way of teaching them the power they gain by banding together in neighborhoods.

Lee Lawrence

People making a difference: Batdorj Gongor

In Mongolia, he shows former nomads how working together benefits everyone.
 
 

www.csmonitor.com | Copyright © 2009 The Christian Science Monitor. All rights reserved.