I live in CA and make almost $62k/year, but only take home $3,270/month. Why is my takehome so low?
I’m single/no dependents
I ask because based on my own calculations I should be taking home something closer to $3,975/mo.
$3,270/mo is closer to what I should be getting if my salary was $48,700… Based on my calculations, which I don’t trust.
Can someone please help me understand this?
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