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federal/state/SS tax in California

C

cHeeZeFacTory

Golden Member
I have about a 38k salary, 23 and single. I get taxed about 25% after combining federal/state/SS taxes. 11% goes to federal taxes. Is this right? Anyway I can save on taxes w/o getting married?
 
Get a tax deferred savings plan. That's pretty much it unless you can figure out how to claim multiple personalities as dependants.
 
There's a federal law on the books that says you're allowed to set up a medical savings plan using pre-tax income, deducted monthly from your paycheck. Unfortunately whoever you work for has to support it, but it's there.
 
buy a house - although in CA that is impossible on your salary.

The rich get richer (they can afford the tax breaks) and the poor struggle to get by
 
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