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Hourly Rate Type Hours per Week Total Dollar Amount

80.58 Straight 40 3223.2
1.5x 5 604.35
Total Total Weekly 3827.55
Gross Total Yearly $191,377.50

Self Emp. (92.35% of net) $125,770.31
(118500 x 12.4%) 14694
92.35% of net x 2.9% 3647.339008125
Self Employment Tax $18,341.34
*Note 50% of self employment tax is deductible
Self Emp Tax x 50% $9,170.67

Deductions Deductions ($33,131)
Self Emp Tax @50% ($9,458)
Standard Deduction ($12,600)
Total ($55,189)

Taxable Income Gross - Deductions $136,188.75

Taxes Federal 28% of net $38,132.85
State $720+5.75% of >17,000 7573.353125
Self Emp. 18,341.34

Total $64,047.54

Gross $191,378
Total Tax ($64,048)
Expenses ($23,931)
Take Home Yearly $103,399
Weekly $1,988.44

$1.131 Expenses 401k $10.700 Bus.200 Bus.671 General Liability Ins.931 . $1. Lic $500 Bus Veh Ins $1.560 Total $23. Lic $500 Bus Veh Ins $1.000 Professional Liability Ins.671 General Liability Ins.000 Office Safe Harbor $1500 $2.500 Professional Liability Ins.560 Total $33.000 Health Insurance $600x12 $7.200 Travel Daily 50mi/50wks/5days/0.Deductions 401k $10. $3.54permi $6. $3.000 Health Insurance $600x12 $7.