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re: My tax bracket
Posted on 2/7/13 at 9:41 am to PurpleAndGold86
Posted on 2/7/13 at 9:41 am to PurpleAndGold86
quote:
You aren't factoring any 401K contributions, insurance, or any other pre-tax deductions he might have.
True. It's just an estimate. However, at that salary, it's doubtful he'll have any of that unless he's living with his parents and they are paying for EVERYTHING.
It does answer his main question -- he'll be in the 15% bracket.
Posted on 2/7/13 at 9:47 am to Newbomb Turk
Living with the rents for a year saving half the money I earn and paying off college loans with the other half. I'll start with 401k in a year or two when the loans are paid off
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