I made 50,000 this year and after deductions really only made 24,000. I’m getting slammed with taxes… is there anything I can file or do that I’ve not thought of?
You must log in or register to comment.
If you only made 50k gross you should be able to deduct to have zero liability. I make 200k+ and with all deductions my net is less than 30k. I paid $1200 in taxes for entire year
My net is 24k after deductions from the revenue of 50k
You only paid 1200 in taxes on 30k? How without going to jail
Your doing it wrong. Get an accountant