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> The $10k limit isn't a limit on taxes Pedantic. Obviously that's what I meant (and knew) Learn about marginal tax rates. See, Forbes even tells you: "your m
by AlbertCory 4y ago
> The $10k limit isn't a limit on taxes
Pedantic. Obviously that's what I meant (and knew)
Learn about marginal tax rates. See, Forbes even tells you: "your marginal tax rate is 35%"
22% is the average tax rate. It's the *marginal" tax rate we're concerned with for deductions.