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Tax Filing Status
My husband and I file MFJ making 200k total and both claim 0 deductions. I also pay 125/5 extra fed/state taxes each 2-week pay period. We both contribute to pre-tax retirement accounts, mine is over 20k the last 2 years. Yet we’ve paid over 13k in fed taxes the last 2 years. Why when we have 0 deductions?
November 16, 2022
9:25 AM