i want to adjust my income to be at the very top of a bracket.
2006-11-06 07:32:04 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
The link below is the 2006 federal tax rate schedule. The numbers change every year.
2006-11-06 11:15:49 · answer #1 · answered by STEVEN F 7 · 0⤊ 0⤋
Tax Year: 2000200120022003200420052006
Filing Status: Single Married filing jointly Married filing separately Head of household
If your taxable income is between... your tax bracket is:
0 and 7550, 10 %
7551 and 30650, 15 %
30651 and 61850, 25 %
61851 and 94225, 28 %
94226 and 168275, 33 %
168276 and above, 35 %
So pay yourself $168275.00
Its easier to manage your tax burden by making pre-tax retirement contributions (401k, medical savings account, etc)
and tax shelters (home mortgage interest, etc) than basing on income alone
Its important to be concerned with your tax burden!!
I am very interested in seeing election day and tax day moved to the same day
Move April 15 to election day!
then more people would realize they are fiscal conservatives!
2006-11-06 15:42:09 · answer #2 · answered by mike c 5 · 0⤊ 1⤋
See the given link. The brackets will be different for married and single people, and they change every year.
2006-11-06 15:34:20 · answer #3 · answered by Anonymous · 1⤊ 0⤋
1st link US
2nd link UK
2006-11-06 15:38:07 · answer #4 · answered by huggz 7 · 1⤊ 1⤋