Diferencia entre revisiones de «History On The Federal Tax»
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Revisión del 20:50 15 oct 2024
Despite the new tax rate reductions from the Jobs and Growth Tax Relief Reconciliation Act of 2003, the top marginal income tax bracket for many retirees is really a whopping forty six.3%. Why? Because Social Security benefits are subject to income in taxes. Those affected are Social Security recipients who hold the good fortune (misfortune?) pertaining to being subject to both the 25% tax bracket and the 85% inclusion rate for Social Security benefits.
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But your employer also has to pay 7.65% goods income he pays you for your Social Security and Medicare health insurance. Most employees are unaware using this extra tax money your employer is paying for you. So, between you and suddenly your employer, the united states government takes 15.3% (= 2 times 7.65%) of the income. In case you are self-employed obtain a the whole 15.3%.
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