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Is my effective tax rate typically higher or lower than my marginal tax rate?

In Taxes - Asked by Admin - 13 months ago

It depends on your bracket and any credits you have, typically self employed people have a higher effective tax rate then a marginal tax rate.

Answered by Admin - 13 months ago


Tags: effective tax rate, marginal tax rate, taxes, tax, is my effective tax rate typically higher or lower than my marginal tax rate?

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Taxes are a very serious thing so asking questions about taxes is a smart thing. No matter if you have questions about income, property, federal, business or personal taxes we have the answers to most questions covered such as "is my effective tax rate typically higher or lower than my marginal tax rate?". If our site doesn't have the specific answer you are looking for ask one of our professionals your specific question for free, here at Zuuply.com.



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