<prompt> Human: I remember when searching for my first real job I really wanted a quick ballpark estimate of what my take-home pay would be, after deductions and taxes. That imaginary salary sure seems nice, but making plans off that figure alone can be deceiving. I dont think there has been simple breakdown on this subreddit from my cursory search, so heres an attempt.Say your salary is 35,000 for your entry level position, and that youre paid biweekly every two weeks your experience may differ, buuut this seems like a good starting point. That means the gross pay for your paycheck will be 1346.15 35k spread over 26 paychecks.Deductions and taxes are now taken out, and in that order. Deductions are aka the benefits you choose to pay for that get taken out of your paycheck. Commonly they are health insurance, dental insurance, vision insurance, 401k, transportation. There are more options, but Ill just focus on these five, as they are the ones that the committee of me deems essential.These are estimates40.00 - health insurance 10.00 - dental insurance 5.00 - vision insurance 53.86 - 401k at 4 opt to use it! though you can vary your number 56.00 - transportation price of a metrocard in nyc, divided by two. could be for your parking lot or someother 164.86 - TOTAL per paycheckSo the income youll be taxed for will be 1181.29 the 1346.15 gross - 164.86 deductions above. Thats the good thing about using your benefits; its like telling the government you make less than you actually make so that youll be taxed at a lower income, while still getting the perks really spelling this out.In this income bracket, you are roughly, roughly taxed at a 20 rate. Again Im not an expert, and Im SURE it differs from state to state and from personal situation to personal situation like if youre married or something, but this is to give you an idea. You can further break down what that percentage consists of federal income tax social security medicare state tax special tax if you live in nyc but well say 20 for now.So 1181.29 - 20 tax 945.03 NETThat is the figure you can expect to take home every other week on a salary of 35k. Not bad. But certainly not the 1346.15 gross you started out with. A reminder that in this scenario, you are covered with insurance, you are squirreling away 4 of your income for the future that is being matched to some extent by your employer free money!!, and that your transportation expenses are covered. No small thing.To extrapolate that to yearly income, its 35,000 - 1040 H - 260 D - 130 V - 1400 401 - 1344 T 30826 - 20 tax 24,660.80 annualSome reminders: likely there are different tiers of health dental vision insurance you can purchase, but the pricing relative to one another i believe is accurate health costs the most, vision is peculiarly inexpensive. and that is a whole other nightmare post about what that insurance covers and doesnt cover, what a co-pay is, etc. ...making me angry just thinking about it. use your 401k. thats what everyone smart about money seems to say. if, suppose, your employer matches at a 50 rate up to 4 that means for the 1400 annually youre squirreling away to the fund you cant touch, your employer will give you 700. its free money, and it adds up over time. on a biweekly system like the one i outlined here, two months out of the year will be three-paycheck months hooray!, since twelve doesnt easily break into 26. this makes the math on doing a monthly income tricky, which is why you just break it down either paycheck by paycheck or annually. anyway, those months are great. on those three-paycheck months, the third paycheck wont have your transportation deducted from it since they commonly just divide the monthly cost of your metrocard parking pass by two. so that third paycheck is a little fatter. speaking of which, its worth it to use your transportation benefits. heres the math quickly: if you opt not to use it, and buy on your own twelve 112 metrocards over the course of a year, thats 269 youre losing to the government in paying taxes on your higher incomeTL;DR: 35,000 entry level job salary - twenty-six 945.03 net paychecks over the course of a year. here is what i use visually, plug in your own numbers: imgur.comd5hDQ7qEDITS: formatting  <response>: This calculator is VERY accurate. Try it and see 