Message Font: Serif | Sans-Serif
No. of Recommendations: 0
OK, that's what I would have thought. But there's still something weird here. I hear everybody talking about a very small number of brackets. Something like only four of them (15%, 22%, 28%, and 39%?). But when I divide the tax I paid by either my adjusted gross income or my taxable income, I don't get any of those numbers. Are the brackets just approximations which get adjusted by various individual circumstances?

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.