Prepare a 2020 tax projection - Taxpayers already know the 20
If these same tax filers have a final taxable income of $95,000, then these taxpayers are in a “marginal tax bracket” of 22%. The key thing to note is that in this example, the last dollar earned is taxed at that 22% tax rate. ... $970 plus 12% of the amount over $9,700. Over $39,475, under $84,200. ... please review the 2020 tax tables and ... ................
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