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Retirement tax questions
The 25% bracket starts at $37,951 of Taxable income, for singles.
Taxable income = AGI (Adjusted Gross income) minus deductions and exemptions ($10,400 for most singles). So, you could have up to $48,350 of total income and still be in the 15% bracket.
Taxable income = AGI (Adjusted Gross income) minus deductions and exemptions ($10,400 for most singles). So, you could have up to $48,350 of total income and still be in the 15% bracket.
‎June 4, 2019
6:58 PM