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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

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