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#21 | |||
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Senior Member
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you can usually reduce the taxes you owe by spreading out the back pay for the years that it is for. in other words you can file so that all of the backpay isnt for 2012, it can be applied to 2011, 2010 etc for whatever years it covers.
http://www.irs.gov/publications/p915/ar02.html http://www.irs.gov/publications/p915...blink100097893 |
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"Thanks for this!" says: | daisy.girl (03-01-2012) |
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#22 | ||
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Member
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thanks for the links
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__________________
Dx: RRMS Jan 2010; LDN: March 2010-Dec 2010; Aug 2012-Nov 2012 Tysabri: Feb 2011-March 2011 reaction Gilenya: August 2011 reaction Copaxone: October 2011 reaction Tecfidera: May 2013 reaction |
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#23 | ||
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Junior Member
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When I received my back pay and it was a decent amount, they didn't take any taxes out.
Once I got my letter it was about 3 weeks before it was in my acct. Once you see the deposit, it will be a 1000lbs off of your shoulders. Good luck and Keep your head high ![]() |
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