Fed’s Quarles says there are now more ‘options’ than just bailing out failing banks 3 hours ago
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Market News Here’s the formula for paying no federal income taxes on $100,000 a year By US Market November 22, 201912 views ShareTweet 0 The question of how much can we earn without paying federal income taxes is relatively easy to answer for most people. The standard deduction for a married couple is $24,400 in 2019 (if both are under 65 years old), and the top of the 0% capital-gains tax bracket is $78,750. So we can make a total of $103,150 a year, provided that our ordinary income stays below the standard deduction and the rest comes from long-term capital gains and/or qualified dividends. Those who aren’t married should halve these dollar amounts. Note that the IRS is increasing these numbers slightly for 2020. With our daughter, we also qualify for the child tax credit ($2,000), so we could actually generate another $13,333 per year in dividends or capital gains, taxed at 15%. The tax liability of $2,000 exactly offsets the tax credit, for a federal tax bill of zero. Once people file for Social Security benefits, though, things become a bit more complicated. That’s due to the convoluted formula used to determine how much of your Social Security is taxable income. So calculating and plotting the tax-free income limits is… Source marketwatch.com
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Fed’s Quarles says there are now more ‘options’ than just bailing out failing banks 3 hours ago
China Factory Activity Improves in September Amid Trade War – U.S. News & World Report September 30, 2019
Grundy Commons attracts businesses to ‘Bristol by the Delaware’ – News – The Intelligencer September 29, 2019
Reliance ADAG AGM HIGHLIGHTS: R-Capital stock falls to lowest in 20 years after Anil Ambani exits loan biz September 30, 2019
Indiabulls Housing Finance share price: Indiabulls Housing drops 38%, on verge to log worst-ever daily loss September 30, 2019
Consumers Are Tired of Dealing With Machines. That Spells Opportunity For Small Business. September 29, 2019
Kearney City Council approves tax financing for indoor go-kart track at the Big Apple – NTV September 25, 201930 views