My Financial Independence Journey » Entries tagged with "wages"
How Wage, Ordinary, and Qualified Income Are Taxed
Writing up my previous post on federal income and investment taxes was so enjoyable that I thought it would be fun to delve even further into the hellacious nightmare that is the US Federal tax system. Specifically, we’re going to learn all about the standard deduction, about how being married affects your take home pay, and most importantly - the difference between marginal and effective tax rates. And just for good measure, we’re going to … Read entire article »
Filed under: Reflections
