Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: richardb72

This calculator doesn’t have 401k or equivalent, fsa/hsa, employer payroll medical deductions and a number of other things.


7 posted on 12/03/2017 3:20:49 PM PST by rb22982
[ Post Reply | Private Reply | To 1 | View Replies ]


To: rb22982
This calculator doesn’t have 401k or equivalent, fsa/hsa, employer payroll medical deductions and a number of other things.

The amount you want to use with this and many of the other calculators out there is not your gross but your Adjusted Gross Income. This would be the Box 1 wages from your W-2 as that figure is your gross less your pre-tax deductions – 401k, FSA/HSA and Section 125 pre-tax health deductions.

38 posted on 12/04/2017 5:00:10 AM PST by MD Expat in PA
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson