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I am 20 years old and I go to school part time and work a full time job. I earn $22,000 a year and was wondering what tax bracket I will fall under from a federal income tax perspective?


ANSWER


The BIDaWIZ Team's Answer:

Your estimated taxable income is around $12,500. Thus,

your federal income tax brackets will be 10%, on the first

$8,375, of taxable income, and the balance will be taxed at 15%.

The BIDaWIZ Team

 

 

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