LAFHA Math

Just throwing this down as finding this math or an explanation of it has eluded us until we actually could do it based on paystubs.  LAFHA is an in/out transaction (deduction and then addition).

  • Monthly Taxable Income =  Monthly Gross – LAFHA
  • Figure Taxes based on Monthly Taxable Income
  • Monthly Net Pay = Monthly Taxable Income – Taxes + LAFHA

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