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in fact, what i mean is....let's say my income is 5000 per month.
What is my net income left after being deducted by everything like tax, insurance, etc...?
What is your filing status (head of household, single, married filing jointly, etc)?
What is your state income tax rate?
How many deductions?
How much (if any) goes to pretax deductions (IRA, 529, etc)?
In other words, it depends greatly on your individual circumstances.
It varies widely since some states like TX and FL have no state income tax.
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