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If you put $2000 away into a health flexible spending account and $2000 into a tax-deferred retirement account (e.g., a 401 K), how much less
If you put $2000 away into a health flexible spending account and $2000 into a tax-deferred retirement account (e.g., a 401 K), how much less will you pay in federal income and FICA taxes? Assume you are in the 22% tax bracket. (show steps)
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