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Mrfresh

10/17/18 4:21 PM

#150319 RE: Nukemtiltheyglow #150291

I did hire a CPA to run a 2018 and 2019 proforma 1040. I did that to confirm my own tax DD. I am not a tax pro but an engineer but I can read and understand the roth tax code and I used the CPA to check my work and they did confirm. I just threw it out to the board just to see opinions.
Fun problems to have.
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ferretmoney

10/18/18 1:54 AM

#150436 RE: Nukemtiltheyglow #150291

A lot of us are going to have larger tax bills this year and in coming years thanks to AMRN. but that is from passive income. Those of us who work for W-2, 1099misc or any self-employment/partnership income are paying FICA and Medicare withholding taxes and maybe we wonder what the payout looks like compared to the pay-in This article addresses that question:

https://www.politifact.com/truth-o-meter/article/2013/feb/01/medicare-and-social-security-what-you-paid-what-yo/