Context:
- Internship at xxx from Jun-Sep paid 7k a month, ~20k over summer
- xxx paid for my housing over summer, which was a ~20k bill, that is considered taxable income
- Internship at yyy from Sep to Dec paid 7k a month, ~20k over fall
- yyy paid for my housing over fall, which was a ~20k bill, that is considered taxable income
Actual money I earned: ~40k
Taxable income: ~80k
I don't know anything about finances. I heard if I move money around in retirement funds, etc., I can save money from Uncle Sam. All tips are greatly appreciated. Thanks.
EDIT:
Take home money: ~25k
Submitted September 30, 2018 at 03:23AM by xayrj https://ift.tt/2xWl29C