BUT if it is taxable because I have some extra income that I report? What is taxable?
That is my question.
Let's assume my earned income + SS benefits is well over 25K.
Do I pay any tax at all on that first 25K or just the amount that goes over 25K.
If it's like the IRS tax tables for income tax returns, I guess you are paying taxes on the entire amount?
Oh ... and add in the personal deduction and I have no idea what I need to pay.
I really don't want a surprise at tax time, or a penalty for not withholding.
