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For my wife, she was paid $54,187, which she isn't taxed on for Social Security or Healthcare. This wounderful woman has to put 14.82% towards her pension by law, making her federal taxable earnings $46,157.
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Some people might still make do with it, within the you get caught avoiding the filing of the government Form 2290, you can be charged iv.5% of the owed amount, and even just filing past the deadline entails paying 7.5 percent of the balance at the end of fees.
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