Why You Can t Be Unique Tax Preparer
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Aktuelle Version vom 5. Oktober 2024, 01:04 Uhr
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Because belonging to the increasing tax rate of upper brackets, a reduction of taxable income within the higher bracket saves you more tax than exactly the reduction to a lower bracket. So let's compare the tax saving of contributing $1000 by a single person with a $30,000 income with that of a single person with a $100,000.
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