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  2. What Are the 2020-2021 Federal Tax Brackets and Tax Rates? - AOL

    www.aol.com/finance/2020-2021-federal-tax...

    To compensate for inflation, tax rates change every year even when tax laws stay the same. Tax bracket thresholds for 2021 increased by about 1% over 2020 levels, which are listed below.

  3. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    For federal individual (not corporate) income tax, the average rate paid in 2020 on adjusted gross income (income after deductions) was 13.6%. [1] However, the tax is progressive, meaning that the tax rate increases with increased income. Over the last 20 years, this has meant that the bottom 50% of taxpayers have always paid less than 5% of the total individual federal income taxes paid ...

  4. Rate schedule (federal income tax) - Wikipedia

    en.wikipedia.org/wiki/Rate_schedule_(federal...

    Application The tax rate schedules give tax rates for given levels of taxable income. There is a complex relationship between taxable income and actual income, making it difficult to draw conclusions from the tables.

  5. Tax bracket - Wikipedia

    en.wikipedia.org/wiki/Tax_bracket

    Tax bracket Tax brackets are the divisions at which tax rates change in a progressive tax system (or an explicitly regressive tax system, though that is rarer). Essentially, tax brackets are the cutoff values for taxable incomeincome past a certain point is taxed at a higher rate.

  6. Capital Gains Tax Rates: Here’s What You Need To Know for Tax ...

    www.aol.com/finance/capital-gains-tax-rates-know...

    The ordinary tax rates for 2020 taxable income filed in 2021 are listed below. If you’ve already received an extension and will be filing late, this information is useful.

  7. Federal tax revenue by state - Wikipedia

    en.wikipedia.org/wiki/Federal_tax_revenue_by_state

    Gross Collections indicates the total federal tax revenue collected by the IRS from each U.S. state, the District of Columbia, and Puerto Rico. The figure includes all Individual federal taxes and Corporate Federal Taxes, income taxes, payroll taxes, estate taxes, gift taxes, and excise taxes. This table does not include federal tax revenue data from U.S. Armed Forces personnel stationed ...

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