Radiance3 wrote:
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Here are the present tax Table for the 2023 Income Tax
Table with 2 columns and 7 rows.
Tax rate Single filers Married filing jointly.
37% $578,125 or more $693,750 or more
35% $231,250 - $578,125 $462,500 - $693,750
32% $182,100 - $231,250 $364,200 - $462,500
24% $95,375 - $182,100 $190,750 - $364,200
22% $44,725 - $95,375 $89,450 - $190,750
12% $11,000 - $44,725 $22,000 - $89,450
10% less than $11,000 less than $22,000
After all calculations, I may end between 32% to 24%. I'll try to land at 24. but difficult.
I have already paid a portion thru withheld taxes on those deferred compensations, and retirement funds. And also paid the 2023, 1040 ES for 4 quarters.
Balance is till huge. I don't like Biden. He hoards many hidden income through Influence peddling, not taxed.
Biden wants to raise $1 trillion more tax for his massive planned Social spending , and buying more votes from students by paying their loans, and win the 2024 election.
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