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Social Security Taxes - Untaxable as well?
I understand that IF lawful money has been claimed properly, it becomes untaxable for income taxes purposes with a reduction shown on line 21 on the form 1040. Does this also hold true for SOCIAL SECURITY TAXES on employee wages [W-2 wages] and Schedule C [indpendent contractor]? If this is the case [non-taxable], how would one go about showing the credit on the 1040? Thanks Tony
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