Quote:
Originally posted by DarkJedi:
say you make 10k a month. How much you have to pay as taxes in USA/Canada ?
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It all depends upon what your business deductions are, what other deductions you might have (like home interest deductions if you own a home) ... and if your filing your business income and expenses along with your personal tax return like in a sole proprietorship ... Or, by contrast, filing a seperate tax return for your corporation, partnership, etc. (If you have one.)
Once you determine the deductions and, consequently, your net income ... that puts you in a certain tax bracket ... which varies according to your net income.
A program like Turbo Tax might give you some idea.
[This message has been edited by erotictrance (edited 01-10-2002).]