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How much tax do you pay from 40K?

Updated: 9/18/2023
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Wiki User

13y ago

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Multiply the 40000 by your marginal tax rate and that would be the amount of federal income taxes that would be due on the 40000 taxable amount.

40000 X 15% = 6000 of federal income tax

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13y ago
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Q: How much tax do you pay from 40K?
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