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Started By
Message
What is your effective tax rate?
Posted on 8/18/13 at 3:01 pm
Posted on 8/18/13 at 3:01 pm
When deductions, credits and general shenanigans are done with, what percentage of your net income do you pay in taxes? Or put a greater than x%
Federal:
State:
Medicare&SS (I assume constant?):
Also, what type of big deductions ar eyou taking? Mortgage interest, traditional 401k/IRA etc
Federal:
State:
Medicare&SS (I assume constant?):
Also, what type of big deductions ar eyou taking? Mortgage interest, traditional 401k/IRA etc
This post was edited on 8/18/13 at 3:38 pm
Posted on 8/18/13 at 3:21 pm to GenesChin
State 0%
Federal 26% (AMT sucks)
Federal 26% (AMT sucks)
Posted on 8/18/13 at 3:31 pm to Sigma_
I have no clue. Too hard to tell when you're expensing stuff through several businesses. I'll give a rough estimate of...A SHITLOAD.
Posted on 8/18/13 at 3:35 pm to GenesChin
quote:
What is your effective tax rate?
Too much.
Posted on 8/18/13 at 3:37 pm to LSURussian
You can always give a greater than x%
Posted on 8/18/13 at 3:47 pm to GenesChin
I am not gonna look it up, but I'm sayin 30 mussent.
Posted on 8/18/13 at 3:49 pm to GenesChin
quote:Oh, yeah, mine is definitely greater than X%. (I assume you're expressing it in Roman numerals.)
You can always give a greater than x%
Posted on 8/18/13 at 3:55 pm to LSURussian
quote:
LSURussian
Beating out Mitt Romney according to the democrats
Posted on 8/18/13 at 5:36 pm to LSURussian
quote:Ditto . . . .
Too much.
. . . . . and that doesn't include an embarrassing amount of property taxes
Posted on 8/18/13 at 5:42 pm to GenesChin
I'm a federal contractor so I'm getting it back anyway.
Posted on 8/18/13 at 7:39 pm to GenesChin
15.9% for 2012
No state income tax and I’m not including social security. I have additional income as a self-employed contractor that I pay both sides of social security on and I don’t feel like going back to figure it out.
No state income tax and I’m not including social security. I have additional income as a self-employed contractor that I pay both sides of social security on and I don’t feel like going back to figure it out.
Posted on 8/18/13 at 8:12 pm to Zach
quote:
I am not gonna look it up, but I'm sayin 30 mussent.
Does that include state?
This post was edited on 8/18/13 at 8:13 pm
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