Budgeting #2: How do you calculate your taxes?

About the Episode

Ilona Friedman of CD Wealth Management walks through the calculation of our annual taxes, which comprise federal taxes that were withheld and owed, state and local taxes, and additional withheld taxes such as FICA or Social Security. Dividing this total by 12 gives you your monthly taxes.

About the Guest

More Insights on Budgeting