FOX: The IRS on Monday released the updated tax brackets for the 2021 filing season, which have been modified to reflect inflation.
Taxpayers fall into one of seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. While those rates will remain unchanged in 2021, the tax brackets have been indexed to keep pace with cost-of-living adjustments.
These rates are in effect for 2021 and will be used to prepare your tax returns in 2022. You can find the tax brackets for 2020 here.
china should pay my tax for 2020
As a Senator, Joe Biden voted to have Social Security benefits taxed.
Taxes like the military should be voluntary!
I can hardly wait to get my 37% increase in SSI benefits…..
before 1983, social security was not taxable. Joe Biden voted successfully in favor of taxing 50% of social security.
in 1993, Joe Biden was the deciding vote in raising taxes on social security from 50% to 85%.
Someone at the IRS needs a good swift kick right between the big toes. Lowering tax rates brings in more revenue for government, these rates reflect head up rear stupidity!