how much fed. income taxes are owed on $120000 living in texas.?
Asked by: megan
I work as a contractor in Kabul, Afghanistan (warzone) and i have claimed exempt for the year but i am close to the exemption limits on travel in the states. if I stay longer in the states i loose the exemption and have to pay the entire year worth of tax on the entire $ 120000..soo the question is how much do i save to pay at the end of the year ? if i make the exemption requirements, i am exempt for the first $ 94000 then responsible for the amount beyond that..any input?