CALCULATION OF THE EFFECTIVE FEDERAL TAX RATE (2021)
3. For tax years 2021 through 2025, itemized deductions for state and local property taxes, state income taxes, and sales taxes are limited to $10,000. All miscellaneous itemized 4. The Tax Jobs and Cuts Act of 2017 suspended personal exemptions for tax years 2021 through 2025. 5. A taxpayer is liable for an additional 0.9 percent Medicare ................
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