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Those screenshots are really helpful. I hope this improves people’s understanding of their taxes. There are so many posts on /r/personalfinance where people cl
by SamuelAdams 2y ago
Those screenshots are really helpful. I hope this improves people’s understanding of their taxes.
There are so many posts on /r/personalfinance where people claim they “paid $0 on taxes this year”. What they typically mean is that they owed nothing when they filed a return, or received a refund.
They still paid taxes, it was simply taken out of their paycheques and paid in full by year end.