$125K Salary After Taxes in Texas (single) [2013]?
Texas does not collect state income tax. Given you file as a single taxpayer, $125,000 will net you $95,362 paying only federal income taxes. This means you pay $20,075 in taxes on an annual salary of 125,000 dollars. Your average tax rate will be 16.1% and your marginal rate will be 24% Income taxes depend […]
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