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Revision as of 03:04, 6 January 2025

A financial situation as set up where you've to copies of your federal taxes return it's of the highest importance acquire the information as soon as you can.

I was paid $78,064, which I'm taxed on for Social Security and Healthcare. I put $6,645.72 (8.5% of salary) transfer pricing in 401k, making my federal income taxable earnings $64,744.

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

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