Income Tax Bracket gh.org

For our purposes, you will pay 7.5% on your yearly TAXABLE INCOME. Example: If you make $50,000 a year, you would pay (.075)(50,000) or $3,750. FEDERAL INCOME TAX: This is the big chunk and most complicated! So, Bewar The more money you make, the more you pay! Here is the basic idea and way to calculate your federal taxes. ................
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