Sentences with phrase «set free deduction»
What a standard deduction is, is that set free deduction you get for being an American taxpayer.
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The government sets a limit for how much money you can contribute every year tax - free, so your deduction may be limited on your traditional IRA contributions if you or your spouse participates in another retirement plan at work.
Even though these funds are set up for automatic deduction, it is still the paying party's responsibility to ensure the money is paid properly and free of any errors.