How do I Calculate my Pretax Income?

Answer

Your pretax income is your gross income. This is the amount you make per hour times the number of hours you work in a pay period. Your after tax income is your net pay.
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How to Calculate Your Pretax Income
Pretax income is the income you earn before you pay taxes. You should learn the different categories of income and the different categories of operating expenses. You should also investigate how to use these figures to determine your pretax income.... More »
Difficulty: Moderately Easy
Source: www.ehow.com
Q&A Related to "How do I Calculate my Pretax Income?"
1. Gather your information on all income. Income can come from many places, including sales, rental income or commissions. Service income, interest on CDs or bank accounts, and bonuses
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Total revenue and total cost of goods sold is the same thing reworded. income before taxes is what you make minus expenses.
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You can get a simple idea of your income tax by simply checking a chart of income amounts and federal or state taxes own in a government tax booklet or going online. You can figure
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The amount earned from a business or investment before deducting income taxes.
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