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re: $3,000 a month stipend to live anywhere for 1 year.

Posted on 1/17/19 at 10:05 am to
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51394 posts
Posted on 1/17/19 at 10:05 am to
quote:

3k per month tax free is like 50k a year.


Posted by terd ferguson
Darren Wilson Fan Club President
Member since Aug 2007
108785 posts
Posted on 1/17/19 at 10:07 am to
I think he meant it was like making $50K/year before taxes.
Posted by TH03
Mogadishu
Member since Dec 2008
171080 posts
Posted on 1/17/19 at 10:07 am to
50k after taxes is like $3k a month is what he's saying. He's correct.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 1/17/19 at 10:08 am to
3k per month tax free is 36k per year. Fica is 7.65% plus federal and possible state income tax, let's call total tax burden 25%. Pretax that's 45k
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71443 posts
Posted on 1/17/19 at 12:25 pm to
quote:

3k per month tax free is like 50k a year.


I think he means 3k a month tax free is like 50k minus taxes.
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