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Version du 1 novembre 2024 à 16:16
The old adage is crime doesn't pay, but one certainly can wonder sometimes about the accuracy of it given quantity of politicians that seem to be counterfeiters! Regardless, the fact an individual making money from a crime doesn't mean you don't have to pay taxes. That's right. The IRS wants its unfair share of the ill gotten gains!
For my wife, she was paid $54,187, which she is not taxed on for Social Security or Healthcare. She gets to put 14.82% towards her pension by law, making her federal taxable earnings $46,157.
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