Topic: Tax Brackets
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Answers to Common Questions
What my Tax Bracket?
You can find out your tax bracket for 2009 (filing taxes in 2010) and calculate how much taxes you will pay if you were to receive an increase. The tax brackets are detailed for singles, if your are married and filing jointly or widowed, he... Read More »
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What are the Different Tax Brackets?
If your income is under $8350, you are in the ten percent tax bracket. This increases to 15% up to $33. 950, to 25% to$ 82, 250, and 28% to $171,550. Anything more than that, then you definitely need an accountant. Read More »
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What are the Current Tax Brackets?
Tax brackets are based on your income and your marital status. They can change from year to year, so it is always good to check for the current year. You can find more information here: http://www.moneychimp.com/features/tax_b... Read More »
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Tax Brackets
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Answers to Other Common Questions
Well, since you didn't specify how much you have through the year. Then there's no way for me to know what your tax bracket is. But, you can check out the MoneyChimp website to get the answer if you know your yearly income and that of which...
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Source: http://answers.ask.com/Business/Other/what_is_my_tax_bracket
The highest tax bracket for 2009 is 35%. This amount of tax is reserved to those whose taxable income is $372,950 or greater. The tax limit for 2010 is unknown at this point however most would speculate that it will increase.
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Tax brackets are arbitrary income guidelines that are set by the government and the IRS to determine how much income tax you should pay.
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The current federal income tax brackets are 10%, 15%, 25%, 28% 33% and 35%. To pay 35%, you would have to make over $372,950 a year and that would apply to either single filers or married couples.
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A tax bracket groups citizens of a country by their amount of income. This breakdown of taxpayers allows a country to analyze and change tax rates.
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The income tax brackets show how much money can be taxed based on the amount you make. If you make between 0 and 8,350 you can be taxed 10%, from $8,350 to $33,950 15%, $33,950 to $82,250 25%, $82,250 to $117,550 28%, $117,550 to $372,950 3...
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