Why Diet Regime Be Quite Tax Preparer: Difference between revisions

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The 'payroll' tax applies at quick percentage of your working income - no brackets. The employee, devote 6.2% of your working income for Social Security (only up to $106,800 income) and just 1.45% of it for Medicare (no limit). Together they take one 7.65% of your income. There's no tax threshold (or tax free) level of income for this system.

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