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Reply to "Anyone else spending $7000 oer month (or more) on tuition from earned income?"
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[quote=Anonymous][quote=Anonymous]We have 4 kids - 3 in private and 1 in childcare. We pay $6000 a month in tuition/childcare. Our take home pay is variable but around $12K (HHI closer to $250K - you must be deducting a lot more if your HHI is $380K and you only take home $13K). It sucks but is the most important thing for our family now.[/quote] Yeah, I'm really curious about your take home - we make 280K combined, my DH does a full contribution to 401K while I do 10% (stupid I know but inertia - I ned to up it). We pay health insurance, dental, eye, long term disability, accident, etc. And DC taxes. And our monthly take home is 13,500/mo What else are you getting deducted? [/quote]
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