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Politics : Formerly About Advanced Micro Devices

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To: michael97123 who wrote (397438)7/9/2008 2:57:37 PM
From: Alighieri  Read Replies (2) of 1576346
 
How does one make money that is not reported. He reports whats on his w2 as do we all. ARe we assuming that all 300k earners are tax evaders?

Your taxable income equals wages/compensation/other income less deductions. If he does not itemize he takes a std deduction.
If he makes 300k and does not itemize, he's one hell of a stupid lawyer

Al
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