Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
dchudicek
New Member

How do I figure my tax rate for 2016? Do I use my gross income figure or adjusted gross income figure?

 
1 Best answer

Accepted Solutions
DianeW
Expert Alumni

How do I figure my tax rate for 2016? Do I use my gross income figure or adjusted gross income figure?

You should use your "taxable income" figure.  This can be found on the following lines depending on which form you used for 2016.  This will allow you to see what tax bracket you were in.

  • Form 1040, Line 43
  • Form 1040A, Line 27
  • Form 1040EZ. Line 6

View solution in original post

3 Replies
DianeW
Expert Alumni

How do I figure my tax rate for 2016? Do I use my gross income figure or adjusted gross income figure?

You should use your "taxable income" figure.  This can be found on the following lines depending on which form you used for 2016.  This will allow you to see what tax bracket you were in.

  • Form 1040, Line 43
  • Form 1040A, Line 27
  • Form 1040EZ. Line 6
dchudicek
New Member

How do I figure my tax rate for 2016? Do I use my gross income figure or adjusted gross income figure?

Thank you, Diane D. That's just what I needed to know!
DianeW
Expert Alumni

How do I figure my tax rate for 2016? Do I use my gross income figure or adjusted gross income figure?

You're welcome!
Dynamic AdsDynamic Ads
Privacy Settings
v