![]() That leaves $64,725 in income left to tax. Does this mean all your salary is taxed at 22%? No, only a portion of your salary will be taxed at this rate. With a salary of $75,000, you fall into the 22% tax rate bracket. We won’t add in tax credits or deductions for this example, but those can lower your taxable income and lower the tax bracket you are in. So, for example, let us say you are a single filer making $75,000 a year from your salary job. 37% tax rate for income of $647,851 or more.10% tax rate for income between $0 and $20,550. ![]()
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