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Reply to "2013 Itemized deductions and HHI, why is my effective so high, what are we doing wrong?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We are in exactly the same boat paying a out 33% on our $300k income. [/quote] Are you talking about your tax bracket or effective tax rate. Because even with no deductions at all, effective tax rate for 300K income is 25% and not 33%[/quote] HUH http://www.bankrate.com/finance/taxes/tax-brackets.aspx[/quote]
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