Hi
My Company is transferring me to US under H1B category to his sister concern based in New York.
The Company is in Jewellery Sector and has offered me $42000/- pa.
My main concern is the actual tax structure(however I have basic understanding about tax structure in US).
Where I can save money under this salary?
How much In hand salary will be(approx)
And at last What will be the absolute expenses?
I am planning to live in New Jersey in a rented apartment with my colleague.
Thanks.