What Is The Irs Voluntary Disclosure Amnesty: Difference between revisions

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Latest revision as of 02:27, 21 September 2024

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Minimize income tax. When it comes to taxable income it's not how much you make but just how much you arrive at keep that means something. Monitor the latest a change in tax law so you actually pay the smallest amount of amount possible.

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

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