Next year, I'm going to start paying SS and I will be doing it so that I pay less tax at the source (pay cheque). Is there a calculator where I can see how much less tax I will pay from my pay cheque based on SS amount?
This indicates your final tax amount owing ... which may be different from what your employer withholds from each paycheque (since that is just based on a crude estimate of taxes).
you are able to fill in an ajustment of witholding from your employer - once they have the signed document they can adjust the taxes they collect accordingly.
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