If I make $80,000 a year, what is my salary and percentile after taxes?

If I make $80,000 a year, what is my salary and percentile after taxes?

Postby kosmas63 » Mon Feb 07, 2011 12:39 pm

I live in the state of Minnesota.
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If I make $80,000 a year, what is my salary and percentile after taxes?

Postby concobhar » Mon Feb 07, 2011 12:40 pm

Fill out a tax return and then you will know.
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If I make $80,000 a year, what is my salary and percentile after taxes?

Postby mikko83 » Mon Feb 07, 2011 12:43 pm

get more details ; open the third & fourth link on : Www.tax-deductions-tip.info
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If I make $80,000 a year, what is my salary and percentile after taxes?

Postby rowin » Mon Feb 07, 2011 12:45 pm

Oh, 10 minutes ago, it was your dad. Now it's you?

Fill out a blank tax return. 1040EZ would suffice.

As for pencentile, read the homework problem again. I think it's asking for tax bracket, not percentile. To get a feel for brackets, do the 1040EZ, then look at form 1040ES. You will overstate the income if you use $80,000. You want taxable income.
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