How much did you earn after taxes from a biglaw SA in NY? Forum

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How much did you earn after taxes from a biglaw SA in NY?

Post by Anonymous User » Sun Jun 26, 2016 5:45 pm

Also, how much did you save after living/entertainment expenses?

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Re: How much did you earn after taxes from a biglaw SA in NY?

Post by Anonymous User » Sun Jun 26, 2016 6:17 pm

around 5k semi-monthly

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Re: How much did you earn after taxes from a biglaw SA in NY?

Post by Anonymous User » Sun Jun 26, 2016 9:53 pm

Anonymous User wrote:around 5k semi-monthly
I've heard a bit below 100K yearly. So better than what I expected?

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hairbear7

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Re: How much did you earn after taxes from a biglaw SA in NY?

Post by hairbear7 » Sun Jun 26, 2016 10:01 pm

Anonymous User wrote:
Anonymous User wrote:around 5k semi-monthly
I've heard a bit below 100K yearly. So better than what I expected?
Witholdings

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Re: How much did you earn after taxes from a biglaw SA in NY?

Post by Anonymous User » Sun Jun 26, 2016 10:05 pm

3665 biweekly, last summer.

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lhanvt13

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Re: How much did you earn after taxes from a biglaw SA in NY?

Post by lhanvt13 » Sun Jun 26, 2016 10:09 pm

Anonymous User wrote:3665 biweekly, last summer.
What about with the new scale? For people doing SA or working right now

oblig.lawl.ref

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Re: How much did you earn after taxes from a biglaw SA in NY?

Post by oblig.lawl.ref » Sun Jun 26, 2016 10:30 pm

lhanvt13 wrote:
Anonymous User wrote:3665 biweekly, last summer.
What about with the new scale? For people doing SA or working right now
I don't think anyone has received a paycheck under the new scale yet.

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PeanutsNJam

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Re: How much did you earn after taxes from a biglaw SA in NY?

Post by PeanutsNJam » Sun Jun 26, 2016 10:47 pm

Anonymous User wrote:3665 biweekly, last summer.
Was this at 160k? $87,960 after tax? 45% tax?

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wiz

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Re: How much did you earn after taxes from a biglaw SA in NY?

Post by wiz » Sun Jun 26, 2016 10:58 pm

PeanutsNJam wrote:
Anonymous User wrote:3665 biweekly, last summer.
Was this at 160k? $87,960 after tax? 45% tax?
They probs didn't maximize their allowances and got a refund in April because too much was withheld. Also, having to pay federal + state + city + social security + medicaid is a bitch, even if you can itemize later.

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Mr. Peanutbutter

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Re: How much did you earn after taxes from a biglaw SA in NY?

Post by Mr. Peanutbutter » Sun Jun 26, 2016 11:04 pm

wiz wrote:
PeanutsNJam wrote:
Anonymous User wrote:3665 biweekly, last summer.
Was this at 160k? $87,960 after tax? 45% tax?
They probs didn't maximize their allowances and got a refund in April because too much was withheld. Also, having to pay federal + state + city + social security + medicaid is a bitch, even if you can itemize later.
I was $160k in NYC last year, took no extra exemps, got ~$4200 bimonthly, so who knows what the fuck is going on here.

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wiz

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Re: How much did you earn after taxes from a biglaw SA in NY?

Post by wiz » Sun Jun 26, 2016 11:06 pm

Mlk&Ckies wrote:
wiz wrote:
PeanutsNJam wrote:
Anonymous User wrote:3665 biweekly, last summer.
Was this at 160k? $87,960 after tax? 45% tax?
They probs didn't maximize their allowances and got a refund in April because too much was withheld. Also, having to pay federal + state + city + social security + medicaid is a bitch, even if you can itemize later.
I was $160k in NYC last year, took no extra exemps, got ~$4200 bimonthly, so who knows what the fuck is going on here.
Bimonthly is slightly more than biweekly, but not that much. Also sounds like you didn't do enough hookers and blow.

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Re: How much did you earn after taxes from a biglaw SA in NY?

Post by Mr. Peanutbutter » Sun Jun 26, 2016 11:09 pm

wiz wrote:
Mlk&Ckies wrote:
wiz wrote:
PeanutsNJam wrote:
Anonymous User wrote:3665 biweekly, last summer.
Was this at 160k? $87,960 after tax? 45% tax?
They probs didn't maximize their allowances and got a refund in April because too much was withheld. Also, having to pay federal + state + city + social security + medicaid is a bitch, even if you can itemize later.
I was $160k in NYC last year, took no extra exemps, got ~$4200 bimonthly, so who knows what the fuck is going on here.
Bimonthly is slightly more than biweekly, but not that much. Also sounds like you didn't do enough hookers and blow.
lol I answered the original question.

How much did I save? Nothing until I got my tax return, so about $5k I think.

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