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re: Tax bracket

Posted on 1/9/13 at 12:21 pm to
Posted by drewnbrla
The Pool is closed.
Member since Mar 2011
7839 posts
Posted on 1/9/13 at 12:21 pm to
2012 individual federal tax brackets.

10% on first $8700= $870 total for bracket
15% on $8701 up to $35,350 ($26,649 gap)= $3,997.35 total for bracket
25% on $35,351 up to $85,650 ($50,299 gap)=$12,574.75 total for bracket
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/9/13 at 12:22 pm to
Better to make more money. Just as these guys have shown
Posted by CHSBears
Baton Rouge
Member since Aug 2007
779 posts
Posted on 1/9/13 at 12:26 pm to
Based on taxable income, not gross.
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