Hii you guys. So i have a quick question that i hope so,eone can help me out.
So im not good at math at ALL. So my question/ scenario is this say I want to make a certaina mount of money AFTER TAXES how much do I really need to make?
For example :
Say I want to make $40,000 a year AFTER TAXES and I will save 30% taxes. 30% of $40k is 12k. So I would need to make $52k right but wouldnt i get taxed at the $52k i made? So 30% of $52k is $15,600. Leaving me with a income of $36,400. Leaving me $3,600 short of my 40k after taxes goal. So how much do I really need to make $40k after taxes?
How do i figure this out? Anyone has a formula?



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