The Tax Benefits Of Real Estate Investing: Difference between revisions
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Make sure you know the exemptions suited for the join. For example, municipal bonds are generally exempt from federal taxes, and may be exempt from state and native taxes if, perhaps you 're a resident belonging to the state.
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Congress finally acted on New Year's Day, passing the "fiscal cliff" legislation. This law extended the existing tax rate structure for single taxpayers with taxable income of lower than USD 400,000, and married taxpayers with taxable income of less than USD 450,000. For having higher incomes, the top tax rate was increased to 40.6% These limits are determined before a foreign earned income difference.
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