Learn About Exactly How A Tax Attorney Works: Difference between revisions

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Despite the actual tax rate reductions of your Jobs and Growth Tax Relief Reconciliation Act of 2003, the top marginal tax bracket for many retirees can be a whopping forty six.3%. Why? Because Social Security benefits are subject to income tax. Those affected are Social Security recipients who hold the good fortune (misfortune?) turn out to be subject to both the 25% income tax bracket and also the 85% inclusion rate for Social Security benefits.

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