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oh, yeah....taxes!

October 19th, 2007 at 08:01 pm

ok, the next two translation jobs will go into my tax fund...I got taxes withheld from my previous workplace and, the translation office withholds them from every payment, but, my "main" office doesn't (is not allowed to, by law!-- being an embassy), but, we (local employees) ARE, of course, required to pay taxes on our salaries....I've skipped putting money aside these past 6 months because, honestly, I needed it for debt!...but, I had already decided that, come November, I would start to put aside a bit for the taxes (although, the way things are going, if I manage to pay off all my cc debt this year, I could easily put together what I need just by taking the $$ that would have gone to the cc's next year!-- filing must be done before April 30th!)
so, yeah, I just made my calculation based on the withholding tables/payment tables...it's fairly easy here in ES, as there isn't much you CAN deduct (as a salaried employee, I can discount a maximum of $571 for medical expenses and a maximum of $571 for school tuition....it doesn't matter whether I have 1 child or 12, $571 is the maximum!--it's ridiculous!)...and that's it....for the translations...not much, really...I'd have to look at the definitions, but, it's VERY limited...

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