Difference between revisions of "Annual Taxes - Humor In The Drudgery"

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Revision as of 12:28, 6 January 2025

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My personal finances would be $117,589 adjusted gross income, itemized deductions of $19,349 and exemptions of $14,600, making my total taxable income $83,640. My total tax is $13,269, I have credits of $3099 making my total tax for 2010 $10,170. My increase for the 10-year plan would pay a visit to $18,357. For that class warfare that the politicians prefer to use, I compare my finances towards the median quantities. The median earner pays taxes of the.9% of their wages for the married example and 6.3% for the single example. I pay 8.7% for my married income, which is 5.8% about the median example. For the 10 year plan those number would change to 5.2% for the married example, 11.4% for the single example, and about 15.6% for me.

Regarding egg donors and sperm donors there was an IRS PLR, private letter ruling, saying there isn't any deductible for mothers and fathers as a medical charge. Since infertility is a medical condition, helping along getting pregnant could be construed as medical really care.

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