Techie Personal Finance Bootcamp

Taxes: Marginal & Effective Tax Rates

January 13, 2020 Lucas Casarez CFP® Season 1 Episode 29
Techie Personal Finance Bootcamp
Taxes: Marginal & Effective Tax Rates
Show Notes

The 2020 tax season is upon us and so I'm busy answering tax questions for clients.

When it comes to your tax rates, it may be confusing because the U.S. tax system is progressive.

This means you have two tax percentages to be aware of: your marginal tax rate and your effective tax rate.

https://youtu.be/zjiCjgVCQoA
http://poweruptaxplanning.com/
https://www.levelupfinancialplanning.com/