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Taxable income of $262,403 that includes a qualified dividend of $12,396. If taxable income is over: But not over: The tax is: $0 $19,900 10%
- Taxable income of $262,403 that includes a qualified dividend of $12,396.
If taxable income is over: | But not over: | The tax is: |
---|---|---|
$0 | $19,900 | 10% of taxable income |
$19,900 | $81,050 | $1,990.00 plus 12% of the excess over $19,900 |
$81,050 | $172,750 | $9,328.00 plus 22% of the excess over $81,050 |
$172,750 | $329,850 | $29,502.00 plus 24% of the excess over $172,750 |
$329,850 | $418,850 | $67,206.00 plus 32% of the excess over $329,850 |
$418,850 | $628,300 | $95,686.00 plus 35% of the excess over $418,850 |
$628,300 | $168,993.50 plus 37% of the excess over $628,300 |
How do you do this? Married filling jointly.
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