My question is what do you normally deduct to get your net pay. I am sure everyone has a different definition of net depending what stage they are in life. Is net after you have also deducted 1. medical insurance costs monthly premiums. (does your wifes/husbands job have the medical benefits and could you afford it if they quit their job?) 2. investment money set aside in an IRA for retirement. 3. set aside money for unexpected expenses related to the business. 4. do you pay social security tax to the government so you will have social security benefits when you retire? Where will your income come from when you retire. My guess is most young LCO here don't set aside some or all of the above to get net. Maybe half the posters on this site are teenagers living at home and still don't pay for rent or food and think they will make it okay in the lawn business on their own when they get their own house. Not bashing the teenagers but that is were you are in life right now with little real world expenses. Then you run into marriage and kids which is another big expense. So what all you do you deduct to get your net? This is not a slam of being a LCO but I suspect very few on this site can make it as a full-time LCO if their wife/husband didn't work to at least cover the medical insurance premiums. Am I right or wrong?