Details Of 2010 Federal Income Taxes: Difference between revisions

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The IRS has set many tax deductions and benefits secure for tax payers. Unfortunately, some taxpayers who are earning a advanced of income can see these benefits phased out as their income ascends.

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

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