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What are the 2005 income tax brackets? Are they a percent of all income or adjusted gross income? |
What are the 2005 income tax brackets? Are they a percent of all income or adjusted gross income? You can find the current income tax brackets in the instructions to Form 1040 or on the IRS website, http://www.irs.gov/individuals/index.htm... The rates apply to taxable income, which is neither gross income nor adjusted gross income; it is adjusted gross income with further deductions. |
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