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It depends on your filing status. Look at the last page of http://www.irs.gov/pub/irs-pdf/i1040tt.pdf?portlet=3 to see where the cutoffs are. For each cutoff, you only pay the increased percent on income over that cutoff.

2007-01-16 04:22:19 · answer #1 · answered by Judy 7 · 0 0

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