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To: meyer
No, if you are self-employed then you report your income on line 12 (and schedule C).

$92K AGI isn't chicken feed but depending on where you live, it won't necessarily be the same as "truly rich."

$92K probably feels richer in the heartland than it does in the big city.



71 posted on 01/07/2003 6:06:23 PM PST by CobaltBlue
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To: CobaltBlue
No, if you are self-employed then you report your income on line 12 (and schedule C).

whoops! Forgot about self-employed - I was only thinking of dividends, interest, and that kind of thing.

$92K AGI isn't chicken feed but depending on where you live, it won't necessarily be the same as "truly rich."

Well, I'm not there, but I am above average. I certainly don't feel rich though.

$92K probably feels richer in the heartland than it does in the big city.

Yes, judging from the costs I see from posters in California and the east coast, I would say that my cost of living is way lower here in Tennessee than it is in those huge metropolitan areas. Real estate is a big part of it, but most everything else is probably cheaper here than it is in most huge cities.

75 posted on 01/07/2003 6:16:00 PM PST by meyer
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To: CobaltBlue
@$92k/y, in NYC, you can get housing assistance.
115 posted on 01/01/2004 9:48:17 PM PST by Doctor Stochastic (Vegetabilisch = chaotisch is der Charakter der Modernen. - Friedrich Schlegel)
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