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Revision as of 06:37, 4 October 2024

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4) You are left from your taxable income. Figure out what percentage of the taxable income you ought to pay by locating your tax group. The IRS website will be capable of tell you which of them tax bracket you belong to.

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Example: Mary, an American citizen, is single and lives in Bermuda. She earns a salary of $450,000. Part of Mary's income will be subject to U.S. income tax at the 39.6% tax rate.

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