4 ms·
> New Federal income tax is 35% for that salary range then add 13% coming from beautiful and sunny California. We're at a 48 % tax rate. My Federal AGI was 260
by taxmancometh 8y ago
> New Federal income tax is 35% for that salary range then add 13% coming from beautiful and sunny California. We're at a 48 % tax rate.
My Federal AGI was 260K, California AGI was roughly equivalent.
My Federal Total Tax was 65K
My California Total Tax was 22K
My total rate was therefore 33%.
Source: my 2017 1040 & 540