Last year on taxable income of XXXX my tax was 6900 now ,this year for taxable income of around $30,000 more than my previous my tax went up to 13000 (almost double) ,wanted a clarification

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Last year on taxable income of XXXX my tax was 6900 now ,this year for taxable income of around $30,000 more than my previous my tax went up to 13000 (almost double) ,wanted a clarification

All your deductions are used up for the first income amount.......the tax applied seems to indicate the extra income was partly in the 15% tax bracket and partly in the 25% tax bracket.....seems somewhat normal.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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