cm0002@lemmy.world to Lemmy Shitpost@lemmy.world · 1 year agoUnsubscribelemmy.mlimagemessage-square46linkfedilinkarrow-up1541arrow-down15
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minus-squareJustAnotherKay@lemmy.worldlinkfedilinkarrow-up11·1 year 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-squareCort@lemmy.worldlinkfedilinkarrow-up4·1 year agoAh agi makes more sense, since that’s before tax but after alimony and student loan interest payments.
minus-squareDrusas@fedia.iolinkfedilinkarrow-up4·1 year 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 year agoI believe I’ve actually heard both, but most recently I was taught it via AGI
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
Ah agi makes more sense, since that’s before tax but after alimony and student loan interest payments.
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