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2. What Are the 2020-2021 Federal Tax Brackets and Tax Rates? - AOL

   www.aol.com/finance/2020-2021-federal-tax...

   The following is a breakdown of the IRS’ 2020 and 2021 tax brackets and rates, as well as a glance at some other important changes. ... For individuals, it rises by $150 to $12,550.

3. Income tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Income_tax_in_the_United...

   For federal individual (not corporate) income tax, the average rate paid in 2020 on adjusted gross income (income after deductions) was 13.6%. [1] However, the tax is progressive , meaning that the tax rate increases with increased income.

4. IRS Tax Brackets: Here’s How Much You’ll Pay in ... - AOL

   www.aol.com/irs-tax-brackets-much-ll-200033425.html

   Federal Tax Brackets 2020 for Income Taxes Filed by April 15, 2021 . Tax Bracket. ... However, the tax reform also suspended personal exemptions and discontinued certain deductions.

5. Tax bracket - Wikipedia

   en.wikipedia.org/wiki/Tax_bracket

   5.1 Assessment Year 2020. 6 Tax brackets in Malta. ... This results in yearly changes to the personal income tax brackets even when the federal income tax rates ...

6. Know Before You File: Tax Breaks for Tax Year 2020 - AOL

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   Tax returns for the 2020 tax year are due by May 17, 2021. The IRS offers numerous tax deductions, exemptions and credits to lower your tax bill. Many of these tax breaks are indexed for inflation,...

7. Rate schedule (federal income tax) - Wikipedia

   en.wikipedia.org/wiki/Rate_schedule_(federal...

   The origin of the current rate schedules is the Internal Revenue Code of 1986 (IRC), [2] [3] which is separately published as Title 26 of the United States Code. [4] With that law, the U.S. Congress created four types of rate tables, all of which are based on a taxpayer's filing status (e.g., "married individuals filing joint returns," "heads of households").

8. Capital Gains Tax Rates: Here’s What You Need To Know for Tax ...

   www.aol.com/capital-gains-tax-rates-know...

   Ordinary Tax Rates for 2020 Taxable Income Filed in 2021. Filing Status. Income Bracket. Tax Rate. Single. $0 to $9,699. 10%. $9,700 to $39,474. 12%. $39,475 to $84,199

9. Progressivity in United States income tax - Wikipedia

   en.wikipedia.org/wiki/Progressivity_in_United...

   Based on CBO Estimates, [1] under 2013 tax law the top 1% will be paying the highest average tax rates since 1979, while other income groups will remain at historic lows. [2] As of 2010, 68.8% of Federal individual tax receipts including payroll taxes, were paid by the top 20% of taxpayers by income group.