Question

Julio has a net pay of $ 537.00 each paycheck. He pays $ 142.00 in pre-tax deductions and taxes each paycheck. What is Julio's gross income before the tax deductions?

Answer 1

Julio's gross income before the tax deductions is $ 405.

Explanation:

Given that Julio has a net pay of $ 537.00 each paycheck, and he pays $ 142.00 in pre-tax deductions and taxes each paycheck, to determine what is Julio's gross income before the tax deductions the following calculation must be performed:

547 - 142 = X

405 = X

Therefore, Julio's gross income before the tax deductions is $ 405.