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Stellar
Junior Artist Username: Stellar
Post Number: 836 Registered: 02-2016 Posted From: 204.136.21.250
Rating:  Votes: 2 (Vote!) | | Posted on Tuesday, April 12, 2016 - 01:55 pm: |
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Kadataniki badha ga vunte antha earn cheyamakandayya
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Valasa
Junior Artist Username: Valasa
Post Number: 74 Registered: 08-2014 Posted From: 66.129.239.13
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 01:53 pm: |
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Gotcha:
If all the income isn't W2. I would recommend open a LLC or Corp for the 1099 income and contribute to SEP IRA. |
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Gotcha
Megastar Username: Gotcha
Post Number: 24197 Registered: 02-2008 Posted From: 172.87.48.134
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 01:02 pm: |
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Jai_ycp:200K AGI vundhi ante minimum 260K gross vundi vuntundhi or more.
need not be. 401k lo peddaga petakapote it can differ. ... |
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Andhrawala
Legend Username: Andhrawala
Post Number: 49995 Registered: 03-2008 Posted From: 152.51.56.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 12:59 pm: |
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Jai_ycp:200K AGI vundhi ante minimum 260K gross vundi vuntundhi or more.
401K max 17K,STandard Deduction/Itemized Ded, exemptions enthaa ane daani batti vuntundhi No Signature |
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Jai_ycp
Side Hero Username: Jai_ycp
Post Number: 3573 Registered: 04-2015 Posted From: 100.36.224.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 12:49 pm: |
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Andhrawala:
200K AGI vundhi ante minimum 260K gross vundi vuntundhi or more. the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu |
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Andhrawala
Legend Username: Andhrawala
Post Number: 49991 Registered: 03-2008 Posted From: 152.51.56.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 12:48 pm: |
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Moviebuff001: Ante before taxes, deductions, minimum 260k aa
Before Taxes kaadu Tax form lo AGI antaadu adhi. Adjusted Gross Income ur gross - 401K Contribution - Exemptions, Stadard/Itemised Deductions No Signature |
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Gudiwada
Side Hero Username: Gudiwada
Post Number: 2262 Registered: 02-2007 Posted From: 74.118.96.34
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 12:39 pm: |
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Gotcha:naaku kuda doola teeripoyindi, chuss. emi cheyali chepandi naaku kuda.
same here  |
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Gotcha
Megastar Username: Gotcha
Post Number: 24196 Registered: 02-2008 Posted From: 172.87.48.134
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 12:31 pm: |
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Rajin:evryone qualifies here so pedda
yes chala mandi untaru db lo. ... |
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Sanju
Side Hero Username: Sanju
Post Number: 3340 Registered: 02-2008 Posted From: 208.178.195.218
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 12:20 pm: |
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DB tax pandithulaki thanksooo thanksu! Sam thaata Income okkatey consider chesthaada? , liabilities kooda na? |
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Rajin
Hero Username: Rajin
Post Number: 11636 Registered: 05-2012 Posted From: 69.32.128.19
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 12:19 pm: |
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Gotcha:nee total income 200k
evryone qualifies here so pedda  erra thuvvalu and mukku ega seedhudike 25$ ettaga lenidhi aa grace and aa screen presence ki enthaina ettochhu.. |
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Saint
Legend Username: Saint
Post Number: 60292 Registered: 01-2011 Posted From: 144.230.63.54
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 12:16 pm: |
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effudu inaledu ee term...now I know the reason.. Kummu gotcha & nippu kummu |
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Moviebuff001
Junior Artist Username: Moviebuff001
Post Number: 804 Registered: 06-2013 Posted From: 208.92.228.62
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 12:10 pm: |
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Gotcha:total income 200k kana ekkuva undali after all deductions,
Ante before taxes, deductions, minimum 260k aa
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Gotcha
Megastar Username: Gotcha
Post Number: 24194 Registered: 02-2008 Posted From: 172.87.48.134
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 12:05 pm: |
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Savyasachi:
nee total income 200k kana ekkuva undali after all deductions, unte ventane chaalu maaku dorikavu idigo ee 5k or 7k extra tax kateyi ani badestaru. ... |
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Savyasachi
Junior Artist Username: Savyasachi
Post Number: 929 Registered: 12-2013 Posted From: 98.230.31.93
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 11:57 am: |
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ee AMT jackpot tagalali ante entha undali yearly income? |
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Dreamcatcher
Side Hero Username: Dreamcatcher
Post Number: 8084 Registered: 11-2009 Posted From: 208.86.145.68
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 11:22 am: |
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Nippu_nagaraj:online lo if u know u r gonna be hit by AMT appudu property taxes pre-pay cheyyoddu antunnadu.. i couldnt understand this...
basically, you are postponing your deductions to next year...so, your taxable income is less, there by reducing your chances of getting hit with AMT. |
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Moviebuff001
Junior Artist Username: Moviebuff001
Post Number: 803 Registered: 06-2013 Posted From: 208.92.228.62
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 11:20 am: |
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http://www.pacifictax1040.com/library/amt-alternative-minimu m-tax.html A couple living in California and making $250,000 would likely pay around $19,000 a year in state income tax. They would be able to deduct this $19,000, but because of the AMT only the first $14,116.00 of state income tax would be really deductible. If the taxpayers paid only $14,116 in state income tax and deducted this on their federal return, their federal tax would be $53,214. But if they paid an additional $1,000 in state tax during the year then their regular tax would be reduced to $52,884 — less by $330 (33% of $1,000). But the AMT would be exactly $330. Thus the total tax would still be $53,214. In fact, none of the state income tax about $14,116 would make a difference to the total tax. Some good news: Your state tax income refund may not be taxable on your federal return. See the bullet point above for more detail |
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Vja2va
Side Hero Username: Vja2va
Post Number: 3568 Registered: 11-2014 Posted From: 68.100.233.207
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 11:20 am: |
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bump for Rudraksha ( $500/hr earning ani seppad - 3 jobs) |
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Brighton
Side Hero Username: Brighton
Post Number: 2670 Registered: 05-2014 Posted From: 216.228.224.84
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 11:16 am: |
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Nippu_nagaraj:debba padindi.
naakanna ekkuvaa? naaku laagipetti chaachi peekadu |
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Vja2va
Side Hero Username: Vja2va
Post Number: 3567 Registered: 11-2014 Posted From: 68.100.233.207
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 11:14 am: |
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Sanju:AMT - enti idhi? evaraina dayachesi vivarimpudi
Alternative Minimum Tax... Goppollu tega sampadinchesi edo oka tax loophole vaadesi tax kattakunda untaru ani idi pettaru... Idi trigger ayyaka inka deduction pettina, depreciation pettina, em sesina tax kattalsina amount taggadu.. Ina mana lanti mango gallaki avanni endukule... Manam ee weekend velli Raajeev Swagruha ki apply seddam.. |
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Stellar
Junior Artist Username: Stellar
Post Number: 828 Registered: 02-2016 Posted From: 204.136.21.250
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 11:12 am: |
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Sanju:
AMT ante nuvvu chupinchina deductions chaalle kaani minimum intha tax kattamma ani  |
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Nippu_nagaraj
Comedian Username: Nippu_nagaraj
Post Number: 1291 Registered: 06-2015 Posted From: 24.130.133.52
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 11:07 am: |
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@rajin - illu konnake debba padindi.. had to sell my stocks and the profits pushed me into the bigger brackets.. hmm should have taken loan from 401k... online lo if u know u r gonna be hit by AMT appudu property taxes pre-pay cheyyoddu antunnadu.. i couldnt understand this... nipunulu koddiga light veyyagalara? |
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Andhrawala
Legend Username: Andhrawala
Post Number: 49983 Registered: 03-2008 Posted From: 152.51.56.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 10:47 am: |
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Sanju:AMT - enti idhi? evaraina dayachesi vivarimpudi
High Income people aina Nippu Nagaraj, Gotcha, TI, Hyder Bhaai, Maverick , Agniparvatham etc will be impacted by this Not for Mango people No Signature |
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Sanju
Side Hero Username: Sanju
Post Number: 3338 Registered: 02-2008 Posted From: 208.178.195.218
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 10:45 am: |
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AMT - enti idhi? evaraina dayachesi vivarimpudi |
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Gotcha
Megastar Username: Gotcha
Post Number: 24192 Registered: 02-2008 Posted From: 172.87.48.134
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 10:21 am: |
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naaku kuda doola teeripoyindi, chuss. emi cheyali chepandi naaku kuda. ... |
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Rajin
Hero Username: Rajin
Post Number: 11626 Registered: 05-2012 Posted From: 69.32.128.19
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 10:19 am: |
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401K ettukoo, illu konukoo, health savings account kattukko final gaa nee ID marchikoooooooooooooo  erra thuvvalu and mukku ega seedhudike 25$ ettaga lenidhi aa grace and aa screen presence ki enthaina ettochhu.. |
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Nippu_nagaraj
Comedian Username: Nippu_nagaraj
Post Number: 1290 Registered: 06-2015 Posted From: 24.130.133.52
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 12, 2016 - 10:16 am: |
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debba padindi... experts please share your inputs how to plan ahead to save on taxes and not get shaved.. |