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Originally Posted by Beatlefan58
"Here's what she said: Which of our two main candidates is a better friend to small business? I am a Massage Therapist, paid as an independent contractor. I gross about $28,000, take about $12,000 in write-offs, leaving me with about $16,000 to live on each year. Of this, the IRS wants to take about $3500 on average, leaving me to live on $1050 a month"
It's a gross of $28k, expenses to generate that gross figure of $12k, and a net (or taxable) income of $16K.
I can't see where you got $36,000 from that anywhere.
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hmm, I was typeing from memory. Evidently, I pulled 36K out from my ass.
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Last edited by smooth; 10-19-2004 at 11:32 AM..
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