A Status Taxes - Part 1: Difference between revisions
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Revision as of 03:25, 31 October 2024
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Determine the interest rate that you've got to pay close to taxable involving the bond income. Use last year's tax rate, unless your income has changed substantially. In that , case, need to estimate what your rate will getting. Suppose that anticipate to be in the 25% rate, and also are calculating the rate for a Treasury attachment. Since Treasury bonds are exempt from local and state taxes, your taxable income rate on these bonds is 25%.
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