Should the 2006 federal withholding charts pretty much match the actual taxes due on the taxable amount, assuming there are no special situations, such as long term/short term capital gains?
2007-04-01 08:14:11 · 3 answers · asked by jsol6528 1 in Business & Finance ➔ Taxes ➔ United States
Yes, if you just have one job, pretty much, although not exactly. And if you have multiple jobs, either you personally or you and a spouse filing a joint return, you could end up owing a fair amount.
2007-04-01 09:43:21 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
the main on your answer to differentiate between "Tax Bracket" vs. the Tax fee Tables. For the sake of simplicity the indoors sales provider has created "marginal tax brackets", while the Tax fee tables are created for people who've taxable earnings above $3336,500. it is so on account that maximum people who've such earnings is additionally undertaking to AMT. The marginal tax bracket your customer will stay in is 25% (the 1st $30,650 is calculated at 15%, any volume above which would be calculate at 25%, and further to the quantity of $30,650 * .15)
2016-12-15 13:49:45 · answer #2 · answered by chaplean 4 · 0⤊ 0⤋
ask your accountant
or tax preparer because this is not a good place to ask if you get audit who are u going to ask for help..
2007-04-01 08:19:20 · answer #3 · answered by n K 4 · 0⤊ 1⤋