Thread: Wheels Up
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Old 05-21-2018, 07:34 AM
  #20  
Das Auto
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Originally Posted by phlying4fun View Post
There are too many variables to answer that question. How many deductions do you plan to take? Are you married or single? Does your spouse work? How much are you putting in the 401K. Are you using the Roth 401K or the regular 401K?

How about this... First year Captain 90K or 3461.54 per pay period (every two weeks, 90,000/26)
single head of house hold, 3 exemptions

3461.54 gross
468.72 Fed withholding
0 state withholding(no tax state)
50.20 odi (medicare tax 1.45%)
214.62 ssi (social security tax 6.2%)
.99 state labor/industry worker tax
________
2727.01 net (every two weeks)

We file expenses after every 8 day tour. Per diem is $59/day so add $472 every two weeks but this is paid in a separate check. (International per diem is $65)
Don't forget that our health, dental and vision premiums are 100% paid by the company. I'm guessing that's worth around $6k a year?
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