How much are income taxes in the US, if you make... - GoFuckYourself.com

andrej_NDC · 10-28-2006, 07:24 AM

50k/month
100k/month
500k/month
?

Sosa · 10-28-2006, 08:19 AM

too fucking much! haha actually lower then compared to alot of europe countries if I remember. Best to have a corporation and keep track of all your write offs etc.

BitAudioVideo · 10-28-2006, 08:22 AM

Single Filing Status
(Tax Rate Schedule X)
10% on income between $0 and $7,550
15% on the income between $7,550 and $30,650; plus $755.00
25% on the income between $30,650 and $74,200; plus $4,220.00
28% on the income between $74,200 and $154,800; plus $15,107.50
33% on the income between $154,800 and $336,550; plus $37,675.50
35% on the income over $336,550; plus $97,653.00

Married Filing Jointly or Qualifying Widow(er) Filing Status
(Tax Rate Schedule Y-1)
10% on the income between $0 and $15,100
15% on the income between $15,100 and $61,300; plus $1,510.00
25% on the income between $61,300 and $123,700; plus $8,440.00
28% on the income between $123,700 and $188,450; plus $24,040.00
33% on the income between $188,450 and $336,550; plus $42,170.00
35% on the income over $336,550; plus $91,043.00

Married Filing Separately Filing Status
(Tax Rate Schedule Y-2)
10% on the income between $0 and $7,550
15% on the income between $7,550 and $30,650; plus $755.00
25% on the income between $30,650 and $61,850; plus $4,220.00
28% on the income between $61,850 and $94,225; plus $12,020.00
33% on the income between $94,225 and $168,275; plus $21,085.00
35% on the income over $168,275; plus $45,521.50

Head of Household Filing Status
(Tax Rate Schedule Z)
10% on the income between $0 and $10,750
15% on the income between $10,750 and $41,050; plus $1,075.00
25% on the income between $41,050 and $106,000; plus $5,620.00
28% on the income between $106,000 and $171,650; plus $21,857.50
33% on the income between $171,650 and $336,550; plus $40,239.50
35% on the income over $336,550; plus $94,656.50

OG LennyT · 10-28-2006, 08:26 AM

Theres ways to itemize and reduce your liability

Nubiles · 10-28-2006, 09:05 AM

Once you figure in state taxes you get to keep 60 cents on the dollar.

psili · 10-28-2006, 09:22 AM

Quote:

Originally Posted by Drunkspringbreakgirls

Once you figure in state taxes you get to keep 60 cents on the dollar.

Yup. My net pay's about 61% of my gross after federal & state taxes, social security, 401k contributions, social security tax, medicare tax, dental, medical and vision. Pretty fucking spectacular:

-- after pre-tax decuctions ( 401k, medical, .... ) -----
17% = federal tax (for wars and shit)
7% = social security (probably never see that again)
1.5% = medicare ( huh ? )
4% = colorado state tax ( roads and "ban Patchouli" awareness )

Oh well.... *shrug*

andrej_NDC · 10-28-2006, 01:08 PM

cool, thanks guys

wedouglas · 10-28-2006, 01:12 PM

Too much. I'd say after it's all said and done, I have 60% of what I made.

polish_aristocrat · 10-28-2006, 01:12 PM

Quote:

Originally Posted by andrej_NDC

cool, thanks guys

are you moving?

andrej_NDC · 10-28-2006, 02:07 PM

Quote:

Originally Posted by polish_aristocrat

are you moving?

nope, just curious

Rui · 10-28-2006, 02:09 PM

Doesn't look all that hot compared to EURO (tho most of us do have higher taxes)

Guess we are due for a "How much are "taxes" in Paraguay" thread :p

squishypimp · 10-28-2006, 02:13 PM

talk with a licensed cpa.

JD · 10-28-2006, 02:19 PM

do you deductions right and you'll have nothing to worry about

SquishyBuzzDawg · 10-28-2006, 02:21 PM

Quote:

Originally Posted by squishypimp

talk with a licensed cpa.

I recommend H and R block!!

pocketkangaroo · 10-28-2006, 02:28 PM

If you work for yourself and are paying taxes as an individual (sole proprietor, LLC, etc), you'll look to pay around 33-40% based on what you make. I put away 40% of everything I make in an ING account for quarterly payments. That has always covered it plus I make some interest on it in the account.

Z · 10-28-2006, 04:32 PM

In the US, it really is all about having a good accountant and owning a company to do itemized deductions.

If you live outside the US, well...lucky you.

ER!C L!VE · 10-28-2006, 04:35 PM

Quote:

Originally Posted by Z

In the US, it really is all about having a good accountant and owning a company to do itemized deductions.

word.

DjSap · 10-28-2006, 04:58 PM

0 is you get paid by epass...

10-28-2006, 07:24 AM	#1
andrej_NDC Registered User Industry Role: Join Date: May 2004 Posts: 7,760	How much are income taxes in the US, if you make... 50k/month 100k/month 500k/month ?

10-28-2006, 08:22 AM	#3
BitAudioVideo Confirmed User Join Date: Jul 2005 Location: USA, Georgia Posts: 1,246	Single Filing Status (Tax Rate Schedule X) 10% on income between $0 and $7,550 15% on the income between $7,550 and $30,650; plus $755.00 25% on the income between $30,650 and $74,200; plus $4,220.00 28% on the income between $74,200 and $154,800; plus $15,107.50 33% on the income between $154,800 and $336,550; plus $37,675.50 35% on the income over $336,550; plus $97,653.00 Married Filing Jointly or Qualifying Widow(er) Filing Status (Tax Rate Schedule Y-1) 10% on the income between $0 and $15,100 15% on the income between $15,100 and $61,300; plus $1,510.00 25% on the income between $61,300 and $123,700; plus $8,440.00 28% on the income between $123,700 and $188,450; plus $24,040.00 33% on the income between $188,450 and $336,550; plus $42,170.00 35% on the income over $336,550; plus $91,043.00 Married Filing Separately Filing Status (Tax Rate Schedule Y-2) 10% on the income between $0 and $7,550 15% on the income between $7,550 and $30,650; plus $755.00 25% on the income between $30,650 and $61,850; plus $4,220.00 28% on the income between $61,850 and $94,225; plus $12,020.00 33% on the income between $94,225 and $168,275; plus $21,085.00 35% on the income over $168,275; plus $45,521.50 Head of Household Filing Status (Tax Rate Schedule Z) 10% on the income between $0 and $10,750 15% on the income between $10,750 and $41,050; plus $1,075.00 25% on the income between $41,050 and $106,000; plus $5,620.00 28% on the income between $106,000 and $171,650; plus $21,857.50 33% on the income between $171,650 and $336,550; plus $40,239.50 35% on the income over $336,550; plus $94,656.50 __________________ Hi-Quality Encoding - Bulk Orders - On Time! http://bitaudiovideo.com icq 50476697 - aim n3r0xXx

10-28-2006, 08:26 AM	#4
OG LennyT Wall Street Pimp Industry Role: Join Date: Jun 2003 Location: Phoenix, AZ Posts: 14,345	Theres ways to itemize and reduce your liability __________________ Tradeking - my online broker \| 4.95 a trade \| make real $$

10-28-2006, 09:05 AM	#5
Nubiles Confirmed User Join Date: Apr 2002 Location: Tempe, AZ Posts: 1,496	Once you figure in state taxes you get to keep 60 cents on the dollar. __________________ NUBILES.NET : Hosted galleries with thumbs and descriptions \| nn galleries \| Hosted free sites \| 3 new girls shot each week \| Icq 143674274

10-28-2006, 02:13 PM	#12
squishypimp PostMaster General Join Date: Aug 2006 Posts: 10,781	talk with a licensed cpa. __________________ Signature For Sale

10-28-2006, 08:19 AM	#2
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	too fucking much! haha actually lower then compared to alot of europe countries if I remember. Best to have a corporation and keep track of all your write offs etc.

10-28-2006, 01:08 PM	#7
andrej_NDC Registered User Industry Role: Join Date: May 2004 Posts: 7,760	cool, thanks guys

10-28-2006, 01:12 PM	#8
wedouglas So Fucking Banned Join Date: Aug 2004 Location: Dearborn, MI Posts: 5,921	Too much. I'd say after it's all said and done, I have 60% of what I made.

10-28-2006, 02:09 PM	#11
Rui web Join Date: Dec 2001 Location: On icq: 85-483-060 Posts: 9,533	Doesn't look all that hot compared to EURO (tho most of us do have higher taxes) Guess we are due for a "How much are "taxes" in Paraguay" thread :p

10-28-2006, 02:19 PM	#13
JD Too lazy to set a custom title Industry Role: Join Date: Sep 2003 Posts: 22,651	do you deductions right and you'll have nothing to worry about

10-28-2006, 02:28 PM	#15
pocketkangaroo Confirmed User Join Date: Jan 2005 Location: Chicago, IL Posts: 8,452	If you work for yourself and are paying taxes as an individual (sole proprietor, LLC, etc), you'll look to pay around 33-40% based on what you make. I put away 40% of everything I make in an ING account for quarterly payments. That has always covered it plus I make some interest on it in the account.

10-28-2006, 04:32 PM	#16
Z Vidi Vici Veni Industry Role: Join Date: Nov 2002 Posts: 6,308	In the US, it really is all about having a good accountant and owning a company to do itemized deductions. If you live outside the US, well...lucky you.

10-28-2006, 04:58 PM	#18
DjSap Confirmed User Join Date: Jul 2002 Posts: 3,869	0 is you get paid by epass... __________________ Blog Themes, TGP Design, Writing Services, Grunt Work ICQ: 66871495