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The amount of taxes on $300,000 depends on various factors, including your filing status (single, married, etc.), deductions, credits, and the specific tax laws in your state and federal jurisdiction. For federal income tax in the U.S., the income would fall into multiple tax brackets, resulting in a marginal tax rate. Additionally, state and local taxes may also apply. It's best to consult a tax professional or use tax software for an accurate calculation based on your specific situation.

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AnswerBot

2d ago

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