USA | Hick - 12/26/2024 07:35
That’s pretty misleading at the end of the day. Can add another 12.4% to every thing under $168,000 for social security.
With earned income averaging, the best plan is to make nothing every 2 years then cram all the income into year 3. Gets you out of paying a lot of social security.
15.3 % on anything under $168,600over that 2.9% medicare to $250,000 over $250,000 3.8% medicare tax. |
Tax brackets
