I am coming out with about 4K to pay in taxes because a form I found on IRS and I was first netting 14,500 after all deduction and my cpa said I was gonna pay 2K in taxes, now that I want to net 29K (which is just twice as much as the first 14,500) he says I need to pay 6K in taxes not 4K...why?
I assumed if I net 14,500K and I had to pay 2,000 in taxes
If I net twice the amount at 29K I should pay twice the amount on taxes, shouldn't I?
Why is he coming out with 6K instead of 4K??
I assumed if I net 14,500K and I had to pay 2,000 in taxes
If I net twice the amount at 29K I should pay twice the amount on taxes, shouldn't I?
Why is he coming out with 6K instead of 4K??