I calculated my taxes for this year because I am a miserly money monger. And I have calculated that I will be paying roughly $6,870.12 in taxes. WHY LORD WHY. It might not seem like a lot considering the people who will be paying around 50% in taxes, but fucking STILL. When you're not really making that much to begin with, 7k is quite a bit of
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was this just from the last year, alone?
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isn't federal taxes:
Estimated Taxes
= Base Tax + (Rate x Amount Over)
= 4,090 + (25% x Amount Over $29,700)
= Federal Taxes
And then you add medicare and social security. Medicare is about 6% of your income and then social security is %1.54. Or am I totally wrong?
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:/
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duuude you have to come over here. that thing weighs 500 pounds. no joke.
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