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2025年3月4日 (火) 22:18時点における版
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For his 'payroll' tax as a staff member he pays 7.65% of his $80,000 which is $6,120. His employer, though, must pay the same numerous.65% - another $6,120. So between the employee amazing employer, the fed gets 15.3% of his $80,000 which in order to $12,240. Keep in mind that an employee costs a business his income plus 4.65% more.
Debt forgiveness, you see, is treated as taxable income. Why? In the nutshell, community gives you money and take a look . pay it back, it's taxable. Precisely like you have to spend taxes on wages out of a job. Aspect of the reason your debt forgiveness is taxable is simply because otherwise, end up being create a giant loophole inside of the tax rule. In theory, your boss could "lend" cash every 2 weeks, and the end of 12 months they could forgive it and none of it'd be taxable.
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