If you add up all the taxes you pay now, Fed. Income tax, FICA, Social Security, State tax, City tax, Local tax, Property tax, Sales tax, Gas tax, etc., already most of your income goes toward paying taxes.
What percentage will be too much. Will you work when every penny you earn goes to pay your taxes or will you just say to hell with it all?
If you add up all the taxes you pay now, Fed. Income tax, FICA, Social Security, State tax, City tax, Local tax, Property tax, Sales tax, Gas tax, etc., already most of your income goes toward paying taxes.
What percentage will be too much. Will you work when every penny you earn goes to pay your taxes or will you just say to hell with it all?
Can you still write off the loss, if it exceeds the total annual income?
my mom gets her social security check plus 2 others. her and my dad never had to file income taxes cause their income was too low. i just need to reck hers and make sure she doesnt need to file income tax. my dad died last year.
