Sentences with phrase «adjusted federal income tax rates»
Not exact matches
Your Michigan taxes will use your federal Adjusted Gross Income as the basis for that flat tax rate.
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The governor paid $ 96,302 in taxes with an adjusted gross income of $ 358,448, an effective federal tax rate of 26.9 percent.
Spitzer, who stopped short of releasing his full tax returns, said he made an adjusted gross income of $ 4.268 million in 2012 and paid $ 2.094 million in federal, state and city taxes, a rate of 49 %.
They showed Spitzer earned an adjusted gross income of $ 4.268 million in 2012 and paid $ 2.094 million in federal, state and city taxes, a rate of 49 %.
The state's personal income tax rates are based on the federal adjusted gross income rates.
Resources: U.S. Federal Individual Income Tax Rates History, 1913 - 2011 (Nominal and Inflation - Adjusted Brackets) Tax Foundation www.irs.gov/pub/irs-pdf/p505.
Under the income - driven plans, monthly payments are determined based on adjusted gross income (AGI) as reported on your federal tax return and the federal poverty rate that corresponds to your family size.
If the property is held for more than one year and a day, the gain is long term and taxed at a lower rate dependent upon the federal filing status as either an individual or married filing jointly and adjusted gross income.
The current federal capital gains tax rate for single taxpayers with an Adjusted Gross Income (AGI) less than $ 400,000 and married couples filing jointly with an AGI less than $ 450,000 is 15 % on all component of gain except depreciation recapture.