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Reply to "2013 HHI and paid tax"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Married filling joint Gross HHI 143K AGI 133K Taxable Income 89K Fed tax 28K MD tax 8K Tax bracket 25% [/quote] How is your federal tax 28K if you taxable income is only 89k? your tax should be 9,982 +(89,000-72,500)*25% = 14,108. You must have gotten a nice refund if the 28K you listed was the tax withhled during the year not the tax actually due. [/quote] Me again, I just took a look at our "tax work sheet". The exact numbers are Taxable income: 88,962 Tax: 14,661 Self Employment Tax: 13,222 Total Tax: 27,883[/quote]
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