Comment on Social Security can be saved. Scrap the cap!
GreyEyedGhost@piefed.ca 14 hours agoYou said if you made $184k you would pay $0 into SS. In fact you would pay over $20k. How is that correct?
Comment on Social Security can be saved. Scrap the cap!
GreyEyedGhost@piefed.ca 14 hours agoYou said if you made $184k you would pay $0 into SS. In fact you would pay over $20k. How is that correct?
musicalphysics@discuss.online 14 hours ago
I already posted the IRS form that demonstrates that fact.
There is a wrinkle that during the year until your received income actually exceeds the max you pay in. After that though the IRS will return the money when you file.
GreyEyedGhost@piefed.ca 11 hours ago
Have you heard of Schedule C? It’s mentioned at the bottom of page 9 in the pdf you linked. But please, do keep doubling down.
musicalphysics@discuss.online 11 hours ago
Unlike you I can actually read and follow the basic math steps in calculating the tax for social security. If income is above the max, per page 9, then the social security tax is 0. Goodbye.