After tax income of first year associate (NY)

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After tax income of first year associate (NY)

Postby Anonymous User » Sat Sep 21, 2013 1:12 am

Assume base 160k and possibly 10k bonus. Roughly how much I get after tax and other deductions. Single filing status. Thoughts?

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Re: After tax income of first year associate (NY)

Postby thesealocust » Sat Sep 21, 2013 10:01 am

Without messing with deductions, benefits, bla bla bla 160K turns into about 96K in NYC, and the bonus will be deducted at about the same rate.

It gets much more complicated than that based on individual tax status and choices, and since you'll have some combination of insurance, benefits, retirement contributions, student loan interest deductions, state and local tax deductions, etc. you'll wind up with more money and/or value.

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