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If you add a C-Corporation as part of your business structure you can lessen your taxable income and therefore be qualified for several of the deductions for your current income is just too high. Remember, a C-Corporation is a individual citizen.

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I was paid $78,064, which I'm taxed on for Social Security and Healthcare. I put $6,645.72 (8.5% of salary) in a 401k, making my federal income taxable earnings $64,744.

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