ANSWERS: 2
  • Tax brackets are based on your TAXABLE income, so without knowing what your adjustments and deductions are, there is no answer to this. And would also depend on what your filing status is.
  • OFF MY HEAD FIGURES MAY BE ABOUT $18,000 IN TAXES, BUT IF YOUR PLANNING ON DOING YOUR TAXES BY PAYING IN ADVANCE FOR $60,000 A YEAR, THEN IF IT WERE ME I'D PAY IN ADVANCE $20,000, SO AT THE END OF THE YEAR YOU'D GET ABOUT $3500 BACK.

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