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#1
11-22-2005, 10:05 AM
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Question about taxes.....
is all of your money taxes at the highest tax bracket 35%, or is only the money over a certain amount $326K subject to the 35% rate.
in short, if line 43 on 1040 2005 is around 550K, what should the tax be. I have my fingers crossed that it is not 550,000(.35) - 19,500 = $173,000 1040 instructions 
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