Why Can I File Past Years Taxes Online: Difference between revisions

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Revision as of 13:26, 21 September 2024

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2) Carry out you participating with your company's retirement plan? If not, why not? Every dollar you contribute could reduce your taxable income minimizing your taxes to hiking.

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

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