2026 Tax Brackets explained - jumping tax brackets is NOT scary

✅ Are you afraid to make more money because of taxes?

👇👇 @IdealLifeMoneyAcademy

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💠 Filing as a single person you will pay 10% on the first $12,400 you earn.

💠 You pay 12% on the money after $12,400, up to $50,400. 

Example: total income $12,500 you pay 10% on the $12,400 ($1,240) and you pay 12% on the additional $100 ($12) earned. Total tax to pay $1,252

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