4 ms·
8%? You either live very close to (or under) the poverty line or are fabulously wealthy. I'm assuming that you're rich since you mentioned tax shelters. TurboT
by plandis 10y ago
8%? You either live very close to (or under) the poverty line or are fabulously wealthy. I'm assuming that you're rich since you mentioned tax shelters.
TurboTax put my effective tax rate this year at 26%.
- alistproducer2 10y agoNope. 2 income, low 6 figures. There are pretty significant shelters for us middle class folks. $36k available in 401k contributions alone.another $6.5 k for HSA. $5k for childcare spending along with credits and deductions for the same thing. The key is to have a cost of living where u can afford to take advantage of them all.