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Latest revision as of 06:38, 15 May 2026


The old adage is crime doesn't pay, only one certainly can wonder sometimes about the precision of it given how many of politicians that look as if be baddies! Regardless, the fact the making money from against the law doesn't mean you wouldn't have to pay taxes. Correct. The IRS wants its unfair share of one's ill gotten gains!

For my wife, she was paid $54,187, which she isn't taxed on for Social Security or Healthcare. She gets to put 14.82% towards her pension by law, making her federal taxable earnings $46,157.

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