OK, Well here's a summary of the important item:
Gross Salary ................$60,000.
Less IRA Contribution (5,500.)
Less Personal Exemption (4,050.)
Less Standard Deduction (6,300.)
Taxable Income $44,150.
Federal Income Tax (6,809.)
Social Sec/Medicare W/H (4,590.) [$60,000. x .0765 = $4,590]
Net After Tax Cash flow would be the $60,000. less the IRA Contribution of $5,500., less the Federal Income Tax of $6,809., less the Social Security withholding of $4,590. or $43,101.
If the above columns are not aligned properly it is due to the limitations of this method of communicating.
Let me know if I can respond to any follow-up questions.
Otherwise, please remember to rate my response as that is the only way I will receive credit for assisting you today.