Difference between revisions of "A Standing For Taxes - Part 1"

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Revision as of 15:58, 11 November 2024

The old adage is crime doesn't pay, but one certainly can wonder sometimes about the accuracy of it given the volume of of politicians that find a way to be online criminals! Regardless, the fact the making money from an offense doesn't mean you shouldn't have to pay taxes. That's right. The IRS wants its unfair share of your ill gotten gains!

For my wife, she was paid $54,187, which she isn't taxed on for Social Security or Healthcare. She gets to put 14.82% towards her pension by law, making her federal taxable earnings $46,157.

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Of course to avoid having seem through all the this, please keep your earnings tax papers in a secure location where you're competent to retrieve them when you need them.

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