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    casarma Posts: 4, Reputation: 1
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    #1

    Feb 23, 2010, 02:27 AM
    How to compute taxable income
    Please help me
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    casarma Posts: 4, Reputation: 1
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    #2

    Feb 23, 2010, 02:27 AM

    How to compute taxable salaried income
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    casarma Posts: 4, Reputation: 1
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    #3

    Feb 23, 2010, 02:29 AM
    Quote Originally Posted by casarma View Post
    how to compute taxable salaried income
    300000
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    #4

    Feb 23, 2010, 02:31 AM

    What are the standard deduction for the salaried employee kindly explain
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    ebaines Posts: 12,131, Reputation: 1307
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    #5

    Feb 24, 2010, 10:11 AM

    Taxable salaried income is equal to your gross wages plus taxable benefits you receive minus any deductions that are "pre-tax." For example, the cost of group term life insurance that your employer may provide in excess of $50K is a taxable benefit, and so is added to your pay. Deductions taken from your pay for 401(k) plan conributions, medical and dental insurance costs, and health or dependent care savings accounts are subtracted.

    If you have a more specific question please post back.
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