2023-2024 Tax Brackets and Federal Income Tax Rates
Savings Corner
DECEMBER 24, 2023
The total bill would be about $6,300 — about 13% of your taxable income, even though you’re in the 22% bracket. Your state might have different brackets, or it might altogether use a different system. Colorado, for example, levies a flat income tax rate of 4.4% That 13% is your effective tax rate. Take a look back.
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