asked 119k views
5 votes
Beth earns $2,704 each month, and she pays $717 in total payroll taxes. What is her pay after taxes?

asked
User Henser
by
8.7k points

1 Answer

2 votes

Final answer:

Beth's pay after taxes is $1,987 per month, calculated by subtracting her total payroll taxes of $717 from her monthly earnings of $2,704.

Step-by-step explanation:

Beth earns $2,704 each month, and she pays $717 in total payroll taxes. To calculate her pay after taxes, we subtract the total taxes from her monthly earnings.

Pay after taxes = Monthly earnings - Total payroll taxes

= $2,704 - $717

= $1,987

Therefore, Beth's pay after taxes is $1,987 per month. When budgeting, it's crucial to account for taxes to know the actual amount of money available for expenses, savings, and other financial goals.

answered
User Prashant Gupta
by
8.3k points
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