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SVTPerformance's Chain of Restaurants
Road Side Pub
Claim 0 on W-4. Still owe taxes. WTF?
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<blockquote data-quote="TK Doom" data-source="post: 15251197" data-attributes="member: 22678"><p>IMO, the thing that matters is your effective tax rate.</p><p></p><p>Mine was 12.1, highest ever, was even lower when I was single. Course, I have 2 rentals now and a wife, so there are way more variables.</p><p></p><p>Next year it will be less as I just spent $30k on improvements. </p><p></p><p>But effective tax rate is, in my opinion, the thing to compare.</p><p></p><p>I know some will disagree. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /></p></blockquote><p></p>
[QUOTE="TK Doom, post: 15251197, member: 22678"] IMO, the thing that matters is your effective tax rate. Mine was 12.1, highest ever, was even lower when I was single. Course, I have 2 rentals now and a wife, so there are way more variables. Next year it will be less as I just spent $30k on improvements. But effective tax rate is, in my opinion, the thing to compare. I know some will disagree. ;) [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Claim 0 on W-4. Still owe taxes. WTF?
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