Use this dynamic formula to figure out if you are in the red or greed annually. Solving for “F” or “C” will allow for the easiest estimate.
B=TOTAL TAX RATE IN %
C=AVERAGE NO. OF HOURS WORKED/WEEK
E=TOTAL MONTHLY EXPENSES
G=MONTHLY UNION DUES OR DEDUCTIONS
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BELOW IS WHAT YOU’LL SEE ON THE PDF.