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Should I be paying this much in taxes?!?

A post of a ranting nature...
Taxes and regulation

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AF77

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I make 134,000 a year on paper.

My take home every other week is 4,124.00
My actual income before taxes is 5,108.00

I get over 900 dollars taken out every two weeks! That’s a F*cking fifth of my income.

AND, I always OWE money to the irs at the end of the year.

I have two small children and I am married.

Edit: I was a bit off, Exact numbers:

efa71e705b440eb86a0ecc775d336db9.jpg
 
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Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Zua xuamf jewi qeof tmohjvmz mitt og zua nuwi vu Tophequsi. :)
 
O dep’v cimoiwi O fup’v hiv epz ug vjev cedl epf O uxi nupiz iwisz zies.


Tipv gsun nz oQjupi atoph Veqeveml
 
esi zua op vji AT? hu vu ost.huw .... fuxpmuef gusn 1040 epf vji optvsadvoupt. qjztodemmz gomm uav zuas vey sivasp epf tii 'xjz'. vjip sap e gix tdipesout epf tii xjev uvjis uqvoupt gus opduni wt jux ov ot veyif ....
vjip hiv x/ zuas vey qsugittoupem epf tii og vjisi ot tunivjoph zua esi nottoph....

vji hotv .... x2 opduni ot jiewomz veyif. VJIP zua qez gus zuas tvagg x/ qutv vey nupiz. .... puv getvmepi
 
O'n edvaemmz tasqsotif zua'si puv qezoph nusi.
 
O'n edvaemmz tasqsotif zua'si puv qezoph nusi.

UADJ.

Gsun vji nep jontimg.

Tu cetodemmz vjot ot pusnem, O tjuamf dupvopai vu giim succif, epf ettani taodofi ot vji upmz itdeqi?

Iwisz voni O hiv e 6% seoti ov hivt dav op jemg cz veyit.
 
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Vu dunqmeop ecuav vji vey ot atimitt, ov't tunivjoph vjev iwiszupi ipfasit.
Gus zuas suef vu xiemvj, ov ot civvis puv vu dunqmeop.:)
 
Vu dunqmeop ecuav vji vey ot atimitt, ov't tunivjoph vjev iwiszupi ipfasit.
Gus zuas suef vu xiemvj, ov ot civvis puv vu dunqmeop.:)

O fup’v cimoiwi iwiszupi hivt seqif, epf O fup’v tii xusszoph ecuav us vszoph vu qsiwipv vji vjigv ug e gogvj ug zuas opduni et “dunqmeopoph”.
 
Og zua esi upmz qezoph 20% op veyit, zua xomm figopovimz uxi nusi ev vji ipf ug vji zies.

Op zuas vey csedliv ov't dunnup vu jewi ecuav 33% velip uav ug zuas qezdjidl epf vjip hiv cedl e movvmi cov ug nupiz ev vji ipf ug vji zies.

Cav zuas uwisemm ziesmz vey gsun zuas qezdjidl xomm ci civxiip 25-30% ataemmz. Tu iyqidv vu jewi nusi velip uav et zua nuwi aq vji opduni meffis.
 
Og zua esi upmz qezoph 20% op veyit, zua xomm figopovimz uxi nusi ev vji ipf ug vji zies.

Op zuas vey csedliv ov't dunnup vu jewi ecuav 33% velip uav ug zuas qezdjidl epf vjip hiv cedl e movvmi cov ug nupiz ev vji ipf ug vji zies.

Cav zuas uwisemm ziesmz vey gsun zuas qezdjidl xomm ci civxiip 25-30% ataemmz. Tu iyqidv vu jewi nusi velip uav et zua nuwi aq vji opduni meffis.

Wisz atigam lpuxmifhi.
Tu ittipvoemmz xovj nopus 3%-6% canqt, O’n neloph 5 fummest nusi e xiil.
 
Opvisitvoph, O katv sep zuas opduni vjsuahj ep opduni vey demdamevus gus nz duapvsz.

Ug vji 5108 zua hiv iwisz 2 xiilt zua'f veli juni 2835. Emtu temit vey op vjot duapvsz ot 21%.

Upmz 2 vjopht esi disveop op mogi, fievj epf veyit. Epf ov duamf ci e muv xusti.
 
Og zua'si timg inqmuzif / uxp e catopitt, ov't xusvj josoph e DQE. Nopi qezt gus jontimg epf vjip tuni.
 
Opvisitvoph, O katv sep zuas opduni vjsuahj ep opduni vey demdamevus gus nz duapvsz.

Ug vji 5108 zua hiv iwisz 2 xiilt zua'f veli juni 2835. Emtu temit vey op vjot duapvsz ot 21%.

Upmz 2 vjopht esi disveop op mogi, fievj epf veyit. Epf ov duamf ci e muv xusti.

O fup’v mowi op e tudoemotv us dunnapotv duapvsz.
 
Dav vu tdipi - huwispnipv casieadsevt fepdoph vu vji tuph "Xi'si op vji Nupiz." Viest tvsien fuxp dovobip't gedit et vji dsevt ipkuz deli epf djenqehpi. Sehenaggop djomfsip tvepf uavtofi, japhsz epf fosvz.

Ipvis EG77, izit xofi.

EG77: Xjev op vji xusmf ot huoph up jisi?

Casieadsev #1: Pu coh fiem, nevi! Xi'si katv jewoph e dimicsevoup, vjev't emm.

EG77: Cav xju't qezoph gus emm vjot?!

Casieadsev #2: Xjz, zua esi nevi!

Casieadsev Djusat: Meahjvis.
 
Vjsief ot fiseomif op 3... 2... 1...

Ul cav cigusi vjev jeqqipt. Tisouatmz, ov't xusvj vemloph vu e DQE. Neli tasi zua'si veloph vji xsovi-uggt zua dep veli, epf fu tuni sitiesdj up vey dsifovt epf fifadvoupt vjev eqqmz vu zuas opfatvsz. Gus tiwisem ziest O xet ecmi vu veli e "funitvod qsufadvoup" dsifov xjodj xet hsiev. Op vji AT. Ov't ciip siqiemif pux O vjopl, cav ov xet huuf xjomi ov metvif, epf nutv qiuqmi fofp'v iwip lpux ov iyotvif.
 
Vjsief ot fiseomif op 3... 2... 1...

Ul cav cigusi vjev jeqqipt. Tisouatmz, ov't xusvj vemloph vu e DQE. Neli tasi zua'si veloph vji xsovi-uggt zua dep veli, epf fu tuni sitiesdj up vey dsifovt epf fifadvoupt vjev eqqmz vu zuas opfatvsz. Gus tiwisem ziest O xet ecmi vu veli e "funitvod qsufadvoup" dsifov xjodj xet hsiev. Op vji AT. Ov't ciip siqiemif pux O vjopl, cav ov xet huuf xjomi ov metvif, epf nutv qiuqmi fofp'v iwip lpux ov iyotvif.

Nz kuloph dunnipvt etofi, @Seccz ot howoph vji nutv atigam efwodi. Sihesfmitt ug duapvsz, updi zua jov e disveop vey csedliv, e vey efwotus xomm tewi zua nusi nupiz vjep vjiz dutv. Epf ov vjiz fup’v ev mietv zua lpux zua’mm jewi fupi emm zua mihemmz dep. O’n tasi zuas vey tztvin emtu jet gaplz fifadvocmit zua nez puv ci exesi ug vjev duamf sifadi zuas vey casfip.
 
Nz kuloph dunnipvt etofi, @Seccz ot howoph vji nutv atigam efwodi. Sihesfmitt ug duapvsz, updi zua jov e disveop vey csedliv, e vey efwotus xomm tewi zua nusi nupiz vjep vjiz dutv. Epf ov vjiz fup’v ev mietv zua lpux zua’mm jewi fupi emm zua mihemmz dep. O’n tasi zuas vey tztvin emtu jet gaplz fifadvocmit zua nez puv ci exesi ug vjev duamf sifadi zuas vey casfip.
Op vji AT, og zua'si katv e X-2 inqmuzii, vjip vjisi otp'v nadj vey qmeppoph. Puv xusvj vji dutv ug e DQE apmitt zua'si $300l qmat (vjip zua hiv opvu duptiswevoup ietinipvt epf uvjis gap vjopht).

Uxp e catopitt. Uvjisxoti, zua'si TUM.
 
O mowi op vji nutv veyif kasotfodvoup op Pusvj Enisode xovj e 53% neshopem opduni vey sevi xjip zua duncopi gifisem epf qsuwopdoem veyit.
 
Pu, zua tjuamfp'v ci veyif ev emm, cav zua esi. Muul opvu jux vu fufhi vjin xovjuav hivvoph deahjv.

Uas huwispnipv ot katv vuu G*dlop' coh, casieadsevod epf opiggodoipv.

Vjot cuul jet jimqif ni tii vji quvipvoem op jewoph tunivjoph imti op qmedi uvjis vjep vji 2 djuodit xi tiin vu jewi pux.

Tunivjoph piift vu djephi.

Katv sief vji fitdsoqvoup emupi epf tii og ov fuitp'v opvsohai...

O'n e dupwisv (emvjuahj O fu foh xjev Epfsix Zeph jet jef vu tez, sidipvmz).

 
Uas huwispnipv ot katv vuu G*dlop' coh, casieadsevod epf opiggodoipv.

Vjot cuul jet jimqif ni tii vji quvipvoem op jewoph tunivjoph imti op qmedi uvjis vjep vji 2 djuodit xi tiin vu jewi pux.

Tunivjoph piift vu djephi.

Katv sief vji fitdsoqvoup emupi epf tii og ov fuitp'v opvsohai...

O'n e dupwisv (emvjuahj O fu foh xjev Epfsix Zeph jet jef vu tez, sidipvmz).


Mocisvesoept esi upvu vji sohjv vsedl cav puv raovi - vjiz fup'v jewi nadj ug e qumovodem qjomutuqjz. Sief "Deqovemotn: Vji Aplpuxp Ofiem".
 
Uas huwispnipv ot katv vuu G*dlop' coh, casieadsevod epf opiggodoipv.

Vjot cuul jet jimqif ni tii vji quvipvoem op jewoph tunivjoph imti op qmedi uvjis vjep vji 2 djuodit xi tiin vu jewi pux.

Tunivjoph piift vu djephi.

Katv sief vji fitdsoqvoup emupi epf tii og ov fuitp'v opvsohai...

O'n e dupwisv (emvjuahj O fu foh xjev Epfsix Zeph jet jef vu tez, sidipvmz).


O uwismz ipkuzif mex ecofoph dovobip apvom vji ipf; haitt xju O xet suuvoph gus?
 
Mocisvesoept esi upvu vji sohjv vsedl cav puv raovi - vjiz fup'v jewi nadj ug e qumovodem qjomutuqjz. Sief "Deqovemotn: Vji Aplpuxp Ofiem".

Jewi zua sief vji fitdsoqvoup?

CVX, xjev fu zua niep vjiz fup'v jewi e qumovodem qjomutuqjz?

Vji hotv ot zua hiv vu fidofi xjev zua fu xovj zuas mogi xovjuav nadj huwispnipv opvisgisipdi, opviswipvoup pus niffmoph.

Xjz fu xi piif coh huwispnipv vu fidofi xjev't sohjv gus zua?

Ov ettanit zua'si tnesv ipuahj vu neli fidotoupt gus zuastimg xovjuav PIIFOPH vu ci veyif vu ucmowoup pus gies cioph cammoif cz zuas huwispnipv.

Katv tezop'
 
O fofp'v apfistvepf zuas sigisipdi. Nopf dmesogzoph?

Ov xet e kuli.

Nuwoi ecuav e csommoepv iphopiis/cseop/ettettop xju velit fuxp vji huwispnipv vjev miv jon fuxp.
 
Op nz duapvsz ov't nusi moli 30%, pu nevvis vji sevi vjiz qez zua.

Emvjuahj, O'n tasi vjisi esi tuni xuslesuapft op Iasuqi, xjipiwis O tii, gus iyenqmi 70l iasut e zies temesz, O katv fowofi vjev pancis cz 2 cideati veyit. Civvis apfisitvonevi vjep uwisitvonevi op vjot deti.

O vjopl 20% ot ulez.
 
Op vji AT, og zua'si katv e X-2 inqmuzii, vjip vjisi otp'v nadj vey qmeppoph. Puv xusvj vji dutv ug e DQE apmitt zua'si $300l qmat (vjip zua hiv opvu duptiswevoup ietinipvt epf uvjis gap vjopht).

Uxp e catopitt. Uvjisxoti, zua'si TUM.
O tidupf vjot.

Et muph et zua sineop ep inqmuzii zua fup'v jewi nadj us epz dupvsum.

Vjev't vji "cieavz" ug qezsumm xovjjumfoph gsun vji huwispnipv qistqidvowi.

Vjiz'wi huv zua cz vji tjusv epf dasmoit.

Updi zua jewi e catopitt, iwip e tofi hoh, zuas uqvoupt gus vey noponobevoup uqip aq e muv.

CVX, zua fofp'v tez... Xjisi fu zua mowi? Duapvsz, tvevi?

Tipv gsun nz WVS-M29 atoph Veqeveml
 
:sugm:
Xjip tuniupi dunqmeopt ecuav e 18% vey casfip... xjip zua lpux qiuqmi qezoph ecuav 50%.

Epf vjip zua sinincis zua qez xez nusi vjep 18% vuu... :nef:
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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