Tag: tax calculator

This #Site Tells You Exactly Where All Of Your #Taxes Go
Money

This #Site Tells You Exactly Where All Of Your #Taxes Go

The one question everyone wonders come tax season is: where does all of my money go? And now, there’s a tool that will give you a breakdown to let you know how much of your money is going to health programs, Social Security and more. The Where Do My Taxes Go website gathers information such as how much you make each year, which state you file taxes in, etc. to come up with an itemized look at where your money will be going based on the proposed 2019 federal budget. For instance, here’s a look at how your money would be allocated if you made $100,000 a year and filed taxes in New York: Screengrab/Where Do My Taxes Go   In this scenario, approximately $4,440.69 would go to Social Security while $2,534.92 would go to the Department of Defense. Of course, this will vary depe...