income tax bracket


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Noun1.income tax bracket - a category of taxpayers based on the amount of their income
bracket - a category falling within certain defined limits
References in periodicals archive ?
Therefore, if the couple's federal income tax bracket is at least $87,500, it is expected that the couple will be paying more in taxes with the new changes because the deductions that were taken away are far greater than the child tax credit was increased.
Clients with nonqualified stock options may wish to wait to exercise those shares if they think they will be in a lower income tax bracket at some point in the future (which could also lower their eventual capital gains tax on sale of the underlying stock).
A[cedilla] Adjust the lowest income tax bracket so people earning more than 20,000 euros pay 22 percent.
If so, the Kings will be in the 25% federal income tax bracket this year, which ranges from $75,300 to $151,900 of taxable income.
On the other hand, if Mom or Dad are in a lower income tax bracket had taken distributions from the IRA and transferred the net funds into an asset that does not have the associated income tax liability, the value of the legacy could be increased.
The ideal amount to roll over each year would be an amount that will prevent the taxpayer from moving into the next highest marginal income tax bracket based on the projected taxable income before the rollover.
If my prospects or clients have taxable income of less than $95,000, then they are in the 15 percent income tax bracket.
But this increase applies only if you fall within the highest income tax bracket ($400,000/$450,000 and up).
The telco's results were further weakened a new income tax bracket of 20% imposed earlier in the tear by the government, compared to 7.
Ian Bartholomew, senior mortgage manager at First Direct, says: Offset mortgages used to be seen as complicated and, when they were launched in the 1990s, only 5% of Britons found themselves in the higher rate income tax bracket and able to benefit from the tax efficiency an offset mortgage offers.
In April 2010 the Government introduced the 50 per cent income tax bracket.