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Schedule OSC Credit for Taxes Paid to Another State Schedule OSC Credit for Taxes Paid to Another State Form

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Schedule OSC Credit for Taxes Paid to Another State Schedule OSC Credit for Taxes Paid to Another State Form

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what we have here are the tax brackets for 2015 we see the stair step across the slide that shows you 70 4904 the top of the 15-percent bracket when you earn more than that you are in the 25-percent bracket and over a hundred and fifty 1200 married filing joint you slip into the twenty-eight percent bracket again we're not talking about all of the money being taxed at a higher rate just the money that goes over the line that's your marginal tax rate the money that goes over that line into the next bracket so pay special attention to where you are if you pull your tax return and look it on a regular 1040 look at line 43 it reads taxable income that's the amount you pay tax on after deductions and exemptions and all the stuff that goes on in our tax return and that number is quite different from what your pay stub says is your annual income so I'm not referring to annual income i'm referring to line 43 your taxable income on the return you

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