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Us Income Tax Brackets 2020

Us Income Tax Brackets 2020. Tax bracket and its corresponding tax rates are based on what remains of an individual’s overall income after claiming tax deductions and adjustments to income. But as a percentage of your income, your tax rate is generally less than that.


Us Income Tax Brackets 2020

Your income and your tax deductions. There are seven tax brackets for most ordinary income for the 2020 tax year:

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