A Past Of Taxes - Part 1: Difference between revisions
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Latest revision as of 21:32, 22 September 2026
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What everyone knows as your 'income' tax has two tax brackets each using its own tax rate from 10% to 35% (2009). These rates are used for your taxable income which is income for upwards of your 'tax free' income. Employers and Clients. Each year your employer is vital to submit a list of the net profit and income taxes that they take away from your gross pay. This info is reported to both you and the federal, state, and local tax agencies on Form W-2.
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