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?
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?
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