How To Calculate Paycheck (Calculate Net Income)

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How To Calculate Paycheck (Calculate Net Income). In this video, we're going to talk about calculating a paycheck.

Calculating the paycheck manually requires significant organization and a good deal of math. You can begin by using the basic employee paycheck formula as a guide: net pay=gross pay -employee taxes - pre-taxes - post-tax deductions + reimbursements. You will also need an array of information, including salary, state, federal, and local tax rates, deduction information, retirement contribution information, and reimbursement information.

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