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Revision as of 20:11, 12 May 2026
How many of us count our overtax? The truth is, hardly if any. In the eyes of the government, not all income sources are treated equally. For example, when are usually working for your coworkers as an employee and you duly pay your taxes at the end of the annum. This has been going on for few years. The amount of taxes paid is noticeable to work same each year (give and take). Therefore, it will be as though anything that earned income are going to be taxed equally each.
If you claim 5 personal exemptions, your taxable income is reduced another $15 thousand to $23,500. Your income tax bill is only going to be approximately 3200 dollars.
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