A Reputation Of Taxes - Part 1: Difference between revisions

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Revision as of 06:24, 19 October 2026

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Since you are not paying it, it will be counted as taxable income. There's a change between, "gross income," and "taxable income." Gross income is exactly how much you actually make. taxable income is what federal government bases their taxes totally from. There are plenty of stuff you can subtract from your gross income to offer a lower taxable income. For most people, within this game is to become and use as individuals as possible, so perfect minimize your tax exposure.

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