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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. Understanding Pre- and Post-Tax Deductions on Your Paycheck - AOL

   www.aol.com/news/understanding-pre-post-tax...

   Pre-tax deductions also lower your state and federal unemployment dues. Post-tax deductions, on the other hand, are payroll deductions taken from an employee’s check after taxes have already ...

4. 18 clever ways to save money — and take a bite out of inflation

   www.aol.com/finance/clever-ways-to-save-money...

   When a situation arises in which you need to spend it, withdrawing the sum of those incremental deposits can feel like free money. 6. Order grocery pickup. Perhaps the ecosystem in which impulse ...

5. Payroll tax - Wikipedia

   en.wikipedia.org/wiki/Payroll_tax

   The tax is paid by employers based on the total remuneration (salary and benefits) paid to all employees, at a standard rate of 14% (though, under certain circumstances, can be as low as 4.75%). Employers are allowed to deduct a small percentage of an employee's pay (around 4%). [7] Another tax, social insurance, is withheld by the employer.

6. Taxation in the United States - Wikipedia

   en.wikipedia.org/wiki/Taxation_in_the_United_States

   Politics portal. v. t. e. The United States has separate federal, state, and local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll, property, sales, capital gains, dividends, imports, estates and gifts, as well as various fees. In 2020, taxes collected by federal, state, and local governments amounted ...

7. Above-the-line deduction - Wikipedia

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

   v. t. e. 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. A taxpayer's gross income minus his or her ...