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# What is the tax bracket percentage for a person making 20K a year?

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Your taxable income (the amount you made to apply a tax rate to) is, because of deductions, exemptions, dependents and other considerations, is normally very different (lower) than what you "make". A person who made 20K will have a tax rate of about 15%, however, again EITC and other credits may make this much less. Many, if not most people, especially with any family who make 20K will pay little or no tax and many actually get money back because of the credit features available for low earners.
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# If Klein Corp can issue 1000 par value bond that pays 100 per year in interest at a price of 980 The bond will have a 5 year life The firm is in a 35 tax bracket What is the after-tax cost of debt?

I just ran the numbers for my test. First you have to gigure out Yield, which came to 10.52%. WIth that you plug it in to  Kd= 10.52 (1-.35)  Kd=10.52*0.65  Kd= 6.83% 

# Which tax bracket a person falls into is determined by his or her?

taaxablee incomee ^.^

# What is 20k?

20k is 20 thousand dollars. The reason why k stands for thousand and not t is because k is thousand in Roman Numerals.

# What is the purpose of income tax brackets?

Income tax brackets enable the progressive taxation of  income.

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# What percentage of Americans make 500k a year?

Less than 1/2 a percent.

# What is the tax percentage for gift tax?

The tax percentage for the gift tax is generally 45 percent.

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25 PERCENT

# What is your current tax bracket for 75000?

If you filed a tax return with \$75,000 income, there are several variables that would be considered before you can determine a tax bracket. If you file single, you get a sta

# What is the average US tax bracket?

You do NOT have a average US tax bracket as each taxpayer can have a different filing status on each 1040 federal income tax return that they are required to file reporting al

# What would be the tax bracket for a single person earning 35000?

When you complete your tax return correctly and get to the line that says taxable income then you should be able to go to the tax rate schedule in the instruction book that yo

# What is my tax bracket with 100000 income?

You can find the 2010 tax rate schedule for your filing status if you are using the 1040 federal income tax return. Go to the IRS gov website and use the search box for 1040ES

# How would the average person ever be in a higher tax bracket when they retire than when they're working and this scenario seems to be the only reason to get a Roth IRA?

  Answer       This is true.     Historically income tax rates have changed substantially over the years for the same levels of income. We have our

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# People that make over 250000 dollars a year pat what percentage of national income tax?

They usually pay around 30 percent of their income after all the  deductions. This is much higher than those who make less.

# How much money per year can a person make in a tax free gift to another person?

For tax year 2009 or 2010 one family member can gift to any other number of family members up to \$13,000 each without any reporting by either party each year. The person who