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Version du 12 novembre 2024 à 02:42
The IRS has set many tax deductions and benefits secured for citizens. Unfortunately, some taxpayers who are earning a higher level of income can see these benefits phased out as their income increases.
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If you claim 5 personal exemptions, your taxable income is reduced another $15 thousand to $23,500. Your earnings tax bill is gonna be approximately 3200 dollars.
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Muni bonds should be owned within your taxable brokerage accounts, without having it in your IRA or 401K accounts because income in those accounts is definitely tax-deferred.
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