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  2. The Perfect Paycheck Deduction To Break Even on Taxes - AOL

    www.aol.com/finance/perfect-paycheck-deduction...

    On one end, people who make below the standard deduction — $12,500 — typically pay no income tax and no withholding may be required. On the other end of the spectrum, someone earning $100 ...

  3. Form 1040 - Wikipedia

    en.wikipedia.org/wiki/Form_1040

    Form 1040, officially, the U.S. Individual Income Tax Return, is an IRS tax form used for personal federal income tax returns filed by United States residents. The form calculates the total taxable income of the taxpayer and determines how much is to be paid to or refunded by the government. Income tax returns for individual calendar-year ...

  4. Paycheck - Wikipedia

    en.wikipedia.org/wiki/Paycheck

    Paycheck. A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll ...

  5. How To Read a Pay Stub - AOL

    www.aol.com/finance/read-pay-stub-193928053.html

    Here’s a full breakdown of a pay stub so you can understand exactly what do with your paycheck: Employer/Company Address: The name and address of your employer. Employee No.: Your unique ID ...

  6. Post-tax deductions, on the other hand, are payroll deductions taken from an employee’s check after taxes have already been withheld. Post-tax deductions do not reduce your tax liability.

  7. Above-the-line deduction - Wikipedia

    en.wikipedia.org/wiki/Above-the-line_deduction

    In the United States tax law, an above-the-line deduction is a deduction that the Internal Revenue Service allows a taxpayer to subtract from his or her gross income in arriving at "adjusted gross income" for the taxable year. These deductions are set forth in Internal Revenue Code Section 62.

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