Details Of 2010 Federal Income Taxes: Difference between revisions

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Latest revision as of 16:33, 15 May 2026

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If you add a C-Corporation to your business structure you can aid in eliminating your taxable income and therefore be qualified for individuals deductions by which your current income is just too high. Remember, a C-Corporation is a individual taxpayer.

I was paid $78,064, which I am taxed on for Social Security and Healthcare. I put $6,645.72 (8.5% of salary) in to a 401k, making my federal income taxable earnings $64,744.

Copyright 2010 by RioneX IP Group LLC. All rights shy. This material may be freely copied and distributed subject to inclusion of this copyright notice, author information and all of the hyperlinks are kept still in effect.

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