Quote:
Originally Posted by ken0042
So basically, anybody who makes $37178 or more also saves this much in taxes, right?
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Anyone who has a taxable income of $37178 or greater will save that much
Someone could make $40k and someone else make $50k, but the $50k earner may have a lower taxable income
taxable income is different than earned income
As a general rule: You want to maximise earned income but minimise taxable income