3/31/2024 0 Comments Irs tax brackets 2020 vs 2021![]() ![]() When someone asks about the current tax rates, they could be referring to a number of different types of tax rates. The question of tax rates is no different. The chart below shows estimates of how much of your income would be taxed at each rate.Tax questions often have complex answers. State tax rates and amounts due, if any, will vary. ![]() Remember: We're talking about federal tax. That is $6,600 less than if a flat 24% federal tax rate applied to your entire $100,000 of income. Given marginal tax rates, the estimated total federal tax on your $100,000 of taxable income would be about $17,400.
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