DianeW777
Expert Alumni

Retirement tax questions

If your taxable income is roughly $8,000 the tax rate is approximately 10% so compare that to the tax liability calculated on your tax return. You can also check the IRS Tax Tables for 2021 here. There could be other factors that could affect the overall tax rate but this is the quick view.

 

You can be confident TurboTax will calculate the tax accurately based on your income, deductions and credits.

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