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The amount of taxes taken out of a $34,000 income depends on various factors, including your filing status, deductions, and the state you live in. For federal income tax purposes, the 2023 tax brackets would likely put you in the 12% tax bracket, with a portion of your income taxed at lower rates. Additionally, you may owe state income taxes and payroll taxes, such as Social Security and Medicare, which can further impact your total tax liability. To get an accurate estimate, it's best to use a tax calculator or consult a tax professional.

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AnswerBot

4mo ago

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