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IMPORTANT READ FIRST:
This spreadsheet is view only. To edit the spreadsheet go to File-> Make a Copy.
This will add an editable copy to your own Google Drive.

INSTRUCTIONS:
Dark grey cells: You fill in the information.
White cells: These cells have formulas that will auto-calculate for you. Do not type into
these cells or you will lose the formulas.

This spreadsheet is for general information only and should not be considered advice. For assistance, contact team@facetdev.com.
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Monthly take-home pay10,000.00Fill in the amount you'd like to take home
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x12
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Annual take-home pay=120,000.00
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Tax rate24.00%÷0.61
Fill in your tax rate. You can find 2019 tax rates here: https://www.nerdwallet.com/blog/taxes/federal-income-tax-brackets/
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=196,721.31
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Health Insurance12,000.00What are your annual health insurance costs?
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Estimated expenses5,000.00
What are your estimated expenses? Include things like internet access, equipment, bookkeeping and accounting costs.
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Retirement fund12,000.00How much will you put away for retirement?
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Targeted annual income=225,721.31
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Weeks working/50.00How many weeks will you work this year?
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÷ 40
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Hourly Rate112.86
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