J June06 New member Joined Jun 18, 2026 Messages 0 Reaction score 0 May 16, 2015 #1 After-Tax net income needed: 45,000 Tax Rate: 20% What is Pre-Tax amount needed? 45,000 * (1+20%) or 45,000 / (1 - 20%)
After-Tax net income needed: 45,000 Tax Rate: 20% What is Pre-Tax amount needed? 45,000 * (1+20%) or 45,000 / (1 - 20%)
W Would You Look New member Joined Jun 18, 2026 Messages 0 Reaction score 0 May 16, 2015 #2 45,000 / (1 - .20)