3 ms·
Its one third of 16k. That's far off.
by tokai 4y ago
Its one third of 16k. That's far off.
- wenc 4y agoYep. 16k is $1.3k per month before tax. Taxes vary but 16k usually falls in the lowest tax bracket. The marginal federal tax rate at that bracket is 10%. Minus various deductions your take home is still 4 figures.