RhinoBallAuto

I'm sure you don't understand this, but I'll make an effort anyway....

By telling you that you need to do it yourself, I am actually being more helpful than spoon feeding you a number that: A) you have no idea how it was calculated, and B) probably isn't accurate for your circumstances.

All of the information you are panhandling for is out there. Grab a contract comparison PDF, and it will tell you the rates for union dues and medical / dental. Only YOU know your state tax rate, federal income tax bracket, and personal 401K savings goals.

I'll give you a heads start by saying $7500 take-home is extremely optimistic. Even at 2019 payrates. $90.93 x 82 hours < $7500...and that's gross pay. And SC is only 76 hours.

So, by suggesting you need to roll up your sleeves, I wasn't being condescending...I was telling you you need to educate yourself on the relationship between your labor and your wages, no matter your profession. The level you decide to commit to this effort is entirely up to you. It was only annoying because you wanted it handed to you, and you didn't like someone telling you that you shouldn't expect that to happen. It's only "the hard way" because it's harder for you than to just demand an answer.

Good luck.

Sliceback

The landscape in 2020 might be the same as it is in 2019. There is no requirement, or timeline, for a new landscape in 2020. It will be different at some point in the future. When in the future is a huge unknown.

PRS Guitars

Fly what you want if you can hold a line, so figure 75 to 95 hours a month, or just use reserve numbers 76 SC, 73 LC.

I don’t use the medical, but I’m guessing $500 a month for premiums on that.

1% APA dues (1.5 until we get a contract)

Use a 2018 federal tax table and work your way through it (ie, you don’t pay your highest rate on your entire salary, amazing how many people don’t know that) after subtracting the standard deduction, and don’t forget to add in the child tax credit which is $2k per kid capped at $400k. Also subtract out your 401k contribution if you do it.

Use your states tax table for state income tax and city (if you’re unfortunate enough to pay that).

.9% CA disability to an $1149.67 cap if your LAX based.

6.2% FICA OASDI to the $7960.80 cap (you probably won’t exceed that on year 2)

1.45% FICA HI no cap

After all that figure 5-700 tax free per diem a month unless you sit reserve.

Then for fun do it again with 2017 federal rates and see the difference. I’m better by $3500 as of sept this year.

RhinoBallAuto

Point taken.
But if you consider management's position, they will be very eager to get a contract agreement before DAL/ALPA does... FWIW

Name User

My take home on 5th year pay flying 88-90 hours a month on GII is around $8000 give or take after taxes and deductions.

MFJ but withheld at single rate due to spouse working
No kids
Max 401k
$100/month medical
5% state income tax

I generally get a little back at the end of the year. Not a ton though.

Dobbs18

Agreed, not harsh...it’s pretty easy to do the math and come up with a number that is within a few $100 bucks or so of what your take home is going to be once you know the pay rates and credit

TankerDriver

Only $8K per month? Seems off to me, but maybe it's because you withhold at the single rate. 5th year pay at 88 hrs is just north of $173k per year. If you didn't max your 401k ($18,500), that's roughly $114.5k net per year or 66% of your gross. You must pay a lot of tax. Still cheaper than having kids though!

Al Czervik

I thought his numbers were low too.

Al Czervik

I think a nasty cocaine and gambling problem is cheaper than kids.

Dobbs18

Could be a Roth 401k deferral, I do that and it brings the net or percentage of gross down pretty significantly...