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Revision as of 08:58, 31 January 2025
It starts on a much smaller scale, perhaps with sweets off a counter, but can quickly escalate if not challenged. Some worth mentioning men (and women) I have worked alongside as Prison Chaplain began their life of crime by pinching sweets.
B) Interest earned, except for paid, during a bond year, must be accrued at the end of the bond year and reported as taxable income for your calendar year in which your bond year ends.
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For my wife, she was paid $54,187, which she isn't taxed on for Social Security or Healthcare. She's to put 14.82% towards her pension by law, making her federal taxable earnings $46,157.
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