Timeline for Properly calculating personal taxes
Current License: CC BY-SA 3.0
6 events
| when toggle format | what | by | license | comment | |
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| Apr 13, 2017 at 12:25 | history | edited | CommunityBot |
replaced http://money.stackexchange.com/ with https://money.stackexchange.com/
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| Nov 28, 2012 at 14:05 | vote | accept | Anthony Miller | ||
| Nov 27, 2012 at 17:14 | history | edited | JTP - Apologise to Monica♦ | CC BY-SA 3.0 |
added 218 characters in body
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| Nov 26, 2012 at 23:47 | comment | added | JTP - Apologise to Monica♦ | I meant FICA is taken off of nearly-gross income, federal does not take a deduction for FICA. So that money is taxed twice. | |
| Nov 26, 2012 at 23:37 | comment | added | littleadv | Maybe I misunderstood something in your answer, but generally FICA taxes do not reduce the taxable income for income tax purposes. Federal taxes based on income are not deductible for the purpose of income tax calculations (State and foreign taxes are). | |
| Nov 26, 2012 at 17:22 | history | answered | JTP - Apologise to Monica♦ | CC BY-SA 3.0 |