estimated tax payments on 160,000 a year
Your federal taxes are estimated at $26,575. This is 16.61% of your total income of $160,000. Your total tax payments and refundable credits for the year were $0.Your outstanding tax bill is estimated at $26,575. Your income puts you in the 25.00% tax bracket.-2 income from and employer that will be issuing the required W-2 forms to each of you after the end of the tax year RIGHT. Both age 25 and under the age of 65 lived in the US more than 6 months. MFJ 2 exemptions with a 2 year old QC dependent another exemption for the tax year 2011.