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Taxable income Rate $0 $9,525 10.0% $9,526 $38,700 12.0% $38,701 $82,500 22.0% $82,501 $157,500 24.0% $157,501 $200,000 32.0% $200,001 $500,000 35.0% $500,001 or more 37%
| Taxable income | Rate |
|---|---|
| $0 $9,525 | 10.0% |
| $9,526 $38,700 | 12.0% |
| $38,701 $82,500 | 22.0% |
| $82,501 $157,500 | 24.0% |
| $157,501 $200,000 | 32.0% |
| $200,001 $500,000 | 35.0% |
| $500,001 or more | 37% |
Sharons Tax Scenario
Sharon is a professional with taxable income of $62,700.
What is Sharons total tax liability?
What is Sharons top marginal tax rate?
What is Sharon's average tax rate?
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Who Is Your Competition You Real Estate Wholesaling Questions Answers And Tools To Help Beginners Crush Their Fears And Stop Procrastinating
Authors: Nick Zalonis
1st Edition
1716097193, 978-1716097195
