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Net Pay:
Gross Pay:
Federal Tax:
State Tax (NM):
Social Security:
Medicare:
Pre-Tax Deductions:
Post-Tax Deductions:

Formula: Net Pay = Gross Pay - Pre-Tax Deductions - Federal Tax - State Tax - Social Security - Medicare - Post-Tax Deductions. Federal tax based on IRS brackets (2024) and state tax based on NM brackets (2024).

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