how much tax will you have to pay in oregon if you make $26,000 per year????

Question

THat is for a single person age 28years old.

DO you know how much would be the federal and the state tax???

Answer 1

You'd have to read a little more on the OR and federal tax structure to see what your adjusted gross income based on deductions would be, but here's the basic tax tables for both:

How Oregon State income tax rates are structured

The tax table below will show in detail the Oregon state income tax rates by income tax bracket(s). There are 3 income tax brackets for Oregon.

If your income range is between $0 and $2,600, your tax rate on every dollar of income earned is 5%.
If your income range is between $2,601 and $6,500, your tax rate on every dollar of income earned is 7%.
If your income range is $6,501 and over, your tax rate on every dollar of income earned is 9%.

Note: These tax rate schedules are provided so that you can compute your federal estimated income tax for 2007. To compute your actual income tax, please see the instructions for 2007 Form 1040, 1040A, or 1040EZ as appropriate when they are available.
--------------------------------------------------------------------------------

Schedule X — Single
If taxable income is over-- But not over-- The tax is:
$0 - $7,825 = 10% of the amount over $0
$7,825 - $31,850 = $782.50 plus 15% of the amount over 7,825
$31,850 - $77,100 = $4,386.25 plus 25% of the amount over 31,850
$77,100 - $160,850 = $15,698.75 plus 28% of the amount over 77,100
$160,850 - $349,700 = $39,148.75 plus 33% of the amount over 160,850
$349,700 - no limit = $101,469.25 plus 35% of the amount over 349,700

Answer 2

Oregon State Income Tax Brackets

Answer 3

This Site Might Help You.

RE:
how much tax will you have to pay in oregon if you make $26,000 per year????
THat is for a single person age 28years old.

DO you know how much would be the federal and the state tax???

Answer 4

Around $2200 a year in federal income tax, plus around $2300 for Oregon which is one of the higher-tax states.

Plus around $2000 for social security and medicare.

Answer 5

It really depends on your deductions.
Try this site:
http://www.hrblock.com/taxes/tax_calculators/index.html

The tax calculator is on the right under Calculators & Tools - Tax Estimator.

Compare this with:
http://www.cpadirectory.com/cpaclientcenter/calcs/Tax1040.html
These only seem to give the Federal income tax.