View Single Post
Flat Six Flat Six is online now
Flat Six
 
Flat Six's Avatar
 
Join Date: Sep 2010
Location: Las Vegas, NV
Posts: 2,179
Garage
For an individual, if your taxable income (after deductions) is $89,075 then your tax burden is:

$1,072.50 (10% of $10,725) plus
$3,725.88 (12% of the amount between $10,726 and $41,775 -- $31,049) plus
$10,407.78 (22% of the amount between $41,776 and $89,075 -- $47,299 )

for a total tax burden of $15,204.16 which equates to a marginal tax rate ($15,204.16 / $89,075.00) of 17.1%.
__________________
Dale
1985 Carrera 3.2 -- SOLD
2026 Jaguar F-Pace / 2025 Ford Bronco Sport

Last edited by Flat Six; 01-19-2023 at 08:08 AM..
Old 01-19-2023, 07:54 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #15 (permalink)