26 de julho de 2024

Most people define their effective tax rate as the percentage of their taxable income that they owe in taxes. To calculate your federal effective tax rate, divide your whole tax before tax payments and refundable tax credits are subtracted (Line 24 in your 2024 Type 1040) by your taxable revenue (Line 15 of Type 1040). […]

Most people define their effective tax rate as the percentage of their taxable income that they owe in taxes. To calculate your federal effective tax rate, divide your whole tax before tax payments and refundable tax credits are subtracted (Line 24 in your 2024 Type 1040) by your taxable revenue (Line 15 of Type 1040).