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re: This genius manipulated tax records for his home to save approx $300 What an idiot!
Posted on 4/29/24 at 11:18 am to Cosmo
Posted on 4/29/24 at 11:18 am to Cosmo
quote:
Eh, its not as bad as income tax is. You chose to buy a home so that tax is somewhat of a choice. Income tax isnt.
Last year the federal standard deduction for a single filer was $13,850. If you made less than that you had zero federal liability (and unlikely any state liability). Anything over that was taxed at various rates. Earning more than that is a "choice".....not a viable one but it is a choice.
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