Hi everyone, I am quite new to all the tax related stuff. Can anyone please help me understand how standard deduction works ?
As I understand, 50k gets deducted from gross salary to reduce tax outgo. But then, what happens to this 50k ? Does it get added to my net salary after tax deduction ? Or do I get this back by filling ITR ?

LCSW 50k loan repayment- Has anyone been granted a contract through the National Health Service Corps Loan Repayment Program? I’m interested in applying for the 2 years of full time work as an LCSW but my loans are a bit under 50k so I’m wondering if they would only give me what I need to clear my loans or would I still get 50k as long as I complete my contract ?

Thinking about using my VA loan in a few years. Any advice?

Need some advice. Currently 32 YO with $23.7k in student loans, $60k in retirement, and $54k in cash. Want to pay off loans by end of year, max out 401k, and save for a house. Does it make sense to use $10k from pension to pay down loans and the rest from cash? How much should I have in my 401k by this point?

Any good book recommendations for profitability and performance management for banking industry? Or books on best practices for calculating economic capital?

I contribute 10% of my paycheck to my employee share purchase plan. Is this smart to do given the tax repercussions behind it? Is it smarter to invest less in that and more in my Roth or 401k?

Any guesses/predictions on when this housing market gridlock ending? Reasonable prices and reasonable mortgage rates? Umm like a 2017 or a 2018?

If I received 2019 income in 2020, do I need to amend my return? I just received a K-1 for a few thousands that is for income earned in 2019. Not sure if I need to amend or if I can just put it in my

Getting in the Black Friday spirit...what are your favorite places/stores/areas/shopping centers to spend your hard earned money?

How was your tax season?

Am I the only one that feels like we should have our student loans forgiven? (And I used to be adamantly opposed to ANY student loan forgiveness)
Our salaries continue to DECREASE as cost of living increases (not just “no raises”…decrease!…I realize I’m preaching to the choir haha). I can barely (and by “barely” I mean “can’t” TBH) make bills, pay for kids activities, etc (also a single mom of 3, for more context) LET ALONE pay my loans…
How do we start that movement?…
Who’s with me?! 🤷🏻‍♀️😜

Closing on my first home. Advice for anyone with student loans in administrative forbearance per the Cares act: once your offer is accepted have you student loan servicer put your account back in repayment status.

Accounts in forbearance, even administrative forbearance, are calculated at a higher monthly payment by the underwriter.

My fictitious debt to income ratio was too high for them to approve me, and it took seven days for my loan to be officially back in repayment. So just a heads up.

If I got 1/10000th of a bitcoin every time some dude on an app asks me if I like being an accountant... I'd be rolling in mad dough

Hi y’all! I’m a financial educator and my job is to help families in need of financial education! I help anyone on learning how money works here in the US & how to get rid of debt! I offer financial products that help you protect and grow your money. I’d love to help you out in reaching your personal financial needs!
I’m also always looking for people to hire!

What are your experiences with buying or selling homes on leased land... Is it really a secure investment, or could they just take back the land whenever they wanted?

Hi Team
I've declared the tax under my profile payroll and what is the use of FCP?

What price per sq foot to investors start buying in the north ATX home? My home is on the market and not moving. Trying to understand at what price point does it become attractive to investors

Roth vs Traditional 401k, thoughts?

Hello fishes, will be really insightful to understand cost of living in Doha for a single person. Rent + food and other expenses manageable at 8-10k QAR/ month?

Any good Cannabis stocks, ETFs, or mutual funds with decent returns?

What do y’all use to draw informal figures? I currently use powerpoint but am curious if there are more efficient ways. What have you found most efficient/convenient?

Vlook up isn't recognizing a couple of cells even though it's feeding off a pivot and when I check with an " if =" it comes up as being the same.
Any advice on what I need to check?
Thanks

Managers, how do you help your customer support team avoid burnout?

How do you get experience when no one will hire you? I wouldn’t mind hanging a shingle but I feel it’d be irresponsible to do so with no experience. Unlike all of my classmates, I never landed an internship/externship in law school - had only one interview. I was a PT law student, came from a CS background, and worked in IT throughout law school. I passed the bar exam on my first try (Oct 2020) and have only had a couple interviews out of the hundreds of applications I sent out. Any suggestions?

Not sure how I feel about this #DeleteCoinbase movement...perspectives?

FB trivia - worst segment ito fly in terms of avg. delays. my guess Delta, LGA-ATL, Thu 4:45pm (or later)

Anyone here with a negative net worth (excluding 401k) in their 30s? Or am I an outlier?

What is the percentage of bonuses and appraisal offered in Amdocs

Cash out speculative stock portfolio (tech and fin holdings) and buy more cryto?

SOS I’m a first year teacher. I’m at a VERY challenging school district & a different culture than I’ve ever been around before. I cant get through a full day’s lesson! I spend more time disciplining!

Can anyone advise on some good ways of getting referrals for making job applications? I’m a current masters student, graduating in May 2022

Had my interview on 12th Feb evening. The same day late night I got an email asking to upload the Application form( Completed the same on 13th Feb). Can I understand only HR discussion pending for me? If yes how much time will it take for me to get the HR call.
Thanks in advance.

Hi Fishes!! I have got an offer from Infosys for Gurgaon Location. Mostly everyone knows Infosys is not present in NCR location. Although, my offer letter mentions I will be working remotely and no need to come to office. Is there anyone else who is in the same situation, i.e from Gurgaon Location.

Seems like “the button” is back as an advertising device. Been absent for a while but coming back in force this year.

My brother-in-law (age 30) told us recently that he is transgender. How can we support him? (‘Him’ as we haven’t discussed pronouns yet). It was a surprise to us!

Best ways to improve leadership skills? Trying to build up the skill set for a PM role and I have next to no manager/leadership experience. What are the do's and don'ts of leading a product team, (or any team) and the traits you'd most want to see or have as a leader?

If I got married on a Sunday, could I use the flowers from the wedding the night before? (Anything they were going to leave behind like hanging installations) Seems like a waste for that decor to be trashed and an opportunity to pay it forward. Has anyone done this?

Anyone do their own bridal makeup? Any advice or thoughts?

What's the inhand salary calculation for below 2 offers(after tax)

1. 34 LPA fixed pay ( both employer and employee PF included) 12% of Basic. Total 3.2 LPA in PF deduction.

2. 36.5 LPA fixed pay ( employee pf 12% of basic and employer PF is 1800 )

My Deductions are
1. 1.5 lakhs 80c
2. 50k 80ccd
3. HRA - 22k p.m.

Hi guys.
I have 4.2 years of experience in SAP ABAP .

HAVE OFFER FROM Sopra Steria - 16 LPA FIXED - Noida
INTERVIEW CLEARED Saint gobain - Mumbai

Really confused which one to join.

YOE - 3.8

Ctc offered - 16.7

Fixed - 14.5

Location - Bangalore

Please advise whether the package offered is okay or not. Should I look for another offer?

What should be the approx in hand?
CTC: 14lpa
Fixed: 12.8lpa, Variable: 1.2lpa
80c: 1.5L
Std Deduction: 50K

Apart from this, also let me know how else I can save tax.
Thanks a ton 🙏

Hi All,
What is the market range of salary of an Assistant Manager in compliance (regulatory, Insider trading, AML) with 6 years of experience in a listed company?

I got 2 offers one from NTT Data with 23 lacs and Publics sapient 24 lacs .

Which company better for salesforce technology??

What CTC i can expect if i have 2 year experience as a java developer or network engineer?

Hello Fishesh,

Can someone please help me in filing ITR? CA are charging 10% on returns. Not sure if we can do it by our ownself and save the same amnt.

Hi Fishes,

I need 11 likes to start chatting with Individuals in the group.
Pls help

Regards

Hi frds,

My CTC is 9.15
How much I will get per month ?

Infosys 17 lpa 15%variable pay how much i will get

Hello Fishes!

How is Blackstone CoE to work for as a senior analyst? Any perks?
All your replies are anticipated. I see no one has discussed Blackstone.
Please help me know a little.

Hi Fishes,

I've transferred my PF from Wipro to Cognizant where in it the Employee's PF shows around 83k but the Employer's PF shows only around 27k.

If the employee and employer have to contribute 12% then both should be equal to 83k isn't it?

Please advise where I am going wrong.

How much in hand will I get from an offer of 13lpa plus 1.05l from Wells Fargo for Data Management Analyst role in Hyderabad??

How much time does it take to roll out offer letter from Wells Fargo?