I thought the tax would be at least $100K for that income. That's the case when we made $260K. I remember our tax was more than 40% (all the tax, social security, etc), but I could be wrong, I neevr paid clsoe attention to our tax anyway. My wife does our tax.
only $60K tax for $240K income?
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no tax for 2 401k's . child care expense deduction + some capit
-workforirs-
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02/04/2011 postreply
19:54:57
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and no state income tax in Texas
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02/04/2011 postreply
19:56:21
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Texas has no state income tax.
-worriedmom1-
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02/04/2011 postreply
19:58:39