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Yes, Argentina is in a really awful spot since we owe a lot of money to everyone and the economy is in resession. It is really sad to see happen again and again
by keplerrocks 8y ago
Yes, Argentina is in a really awful spot since we owe a lot of money to everyone and the economy is in resession. It is really sad to see happen again and again.
I didn't know about the standard deduction, I'll look into it. Thanks
- anoncoward111 8y agoIt's my pleasure to help, friend! The world financial authorities have been very unfair to Argentina, I think, regardless of the debt situation. Yes, definitely check out the standard deduction. In your case it will probably save you a lot of money. Here's how a typical US tax return looks: W2 worker non married: ~15% tax rate federal (first 10k is tax free) ~6% tax rate state (some states do not tax) ~7.5% payroll tax (15% if you are a 1099 contractor, not w2) So you can see that it's typical to pay less than 30%. Even if you make $110,000 per year, your rate will be about 30%. Only if you are an athlete or insanely senior programmer will you pay 40-50%. But, since you do not physically live here or work here (like for example a bartender), I think you will be ok.