Oct 4, 2024
The federal standard deduction is over 14k. He would have paid FiCA, SS, Medicare and local taxes but he wouldn’t have paid a penny in federal taxes on $3000.
Total he would have paid less than $300
The federal standard deduction is over 14k. He would have paid FiCA, SS, Medicare and local taxes but he wouldn’t have paid a penny in federal taxes on $3000.
Total he would have paid less than $300