cm0002@lemmy.world to Lemmy Shitpost@lemmy.world · 1 month agoUnsubscribelemmy.mlimagemessage-square46fedilinkarrow-up1540arrow-down15cross-posted to: shitposting@lemmy.ml
arrow-up1535arrow-down1imageUnsubscribelemmy.mlcm0002@lemmy.world to Lemmy Shitpost@lemmy.world · 1 month agomessage-square46fedilinkcross-posted to: shitposting@lemmy.ml
minus-squareJustAnotherKay@lemmy.worldlinkfedilinkarrow-up11·1 month agoThe 30% rule is based off AGI (adjusted gross income) which accounts for some taxes but I don’t remember which. That’s not to say you’re wrong, by any means. Our economy is literally failing. The average person cannot meet their basic needs to survive
minus-squareDrusas@fedia.iolinkfedilinkarrow-up4·1 month agoI have always heard that the 30% rule is based on your gross income with no account for taxes included.
minus-squareJustAnotherKay@lemmy.worldlinkfedilinkarrow-up1·1 month agoI believe I’ve actually heard both, but most recently I was taught it via AGI
minus-squareCort@lemmy.worldlinkfedilinkarrow-up4·1 month agoAh agi makes more sense, since that’s before tax but after alimony and student loan interest payments.
The 30% rule is based off AGI (adjusted gross income) which accounts for some taxes but I don’t remember which.
That’s not to say you’re wrong, by any means. Our economy is literally failing. The average person cannot meet their basic needs to survive
I have always heard that the 30% rule is based on your gross income with no account for taxes included.
I believe I’ve actually heard both, but most recently I was taught it via AGI
Ah agi makes more sense, since that’s before tax but after alimony and student loan interest payments.