Tax Calculation

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From the Archives: Having Negative Taxable Income Doesn’t Mean the Government Pays You Extra

By | June 1st, 2017|Categories: Potpourri of Tax Topics|Tags: , , |

The tax brackets stop at $0 of taxable income — having taxable income below $0 doesn’t mean your tax liability is a negative number or that the government “pays you more money.”

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Having Negative Taxable Income Doesn’t Mean the Government Pays You Extra

By | January 28th, 2016|Categories: Potpourri of Tax Topics|Tags: , , , , |

The tax brackets stop at $0 of taxable income -- having taxable income below $0 doesn’t mean your tax liability is a negative number or that the government “pays you more money.”