asked 62.2k views
17 votes
Why is my take home less than gross pay

2 Answers

3 votes

Answer:

The government takes takes out of your gross pay which gives you your take home pay.

Step-by-step explanation:

answered
User Ktec
by
8.4k points
14 votes

Answer:

There are a number of taxes and possible deductions such as federal, state taxes. You may alos have social security and medicare taxes as well. Lastly, you may have deductions if you have any typr of insurance; such as medical, dental, vision or retirement plans.

Step-by-step explanation:

answered
User Divyessh
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8.7k points

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