375 | What is Savings Rate and How to Calculate It?
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How Do You Calculate Your Taxes?
We're going to map out a scenario here. We've done a little bit of prep work just to make sure we can, hopefully convey a story with numbers and thit's a challenge,. Sometimes we do it, sometimes we don't. But here's the scenario. We have a couple, they file joint, so that their filing joint, which, you know, there's that changes. The standard deduction changes their tax implications as opposed to single. And i guess you said they maxed out one, four on k. So they're saving at least tenty thousand 500. Do they have any additional savings built in? Great question. Anid calculate that.
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