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Arkansas Tax Form Ar8453 Ol

Arkansas Tax Form Ar8453 Ol

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so you're curious how much dough you'll actually take home if you're making 100 Grand a year in Arkansas well let me break it down for yeah first off you're gonna have to Fork over some cash for taxes here's the rundown federal income tax 14 768 dollars state income tax four thousand six hundred and twenty two dollars Social Security six thousand two hundred dollars Medicare one thousand four hundred and fifty dollars brings the total taxes owed to a hefty twenty seven thousand and forty dollars ouch but wait there's more after all that math you'll end up with a net pay of seventy two thousand nine hundred and sixty dollars not too shabby right if you want to get technical your marginal tax rate is 36.1 percent and your average tax rate is 27 percent [Music]

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