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Flying Ace · 04-05-2018, 01:58 PM

Just got my taxes done. Wife and I are primary W-2 income earners, also have to pay federal AMT. All exclusive of penalties of $100 I owe to fed and $32 I owe to state for underpaying taxes throughout the year.

Federal: 15.9% of AGI
California State: 5.8% of AGI

Total effective tax rate for federal and state combined: 21.7%

Type: File jointly
Exemptions: 2 kids No one is a disable, blind vet over 67.
Schedules: A, B, D 8949, 2441, 6251, 8960, 8801, 8283

04-05-2018, 01:58 PM	#1
Flying Ace Lieutenant General 4985 Rep 11,891 Posts Drives: G05 45e, 997.1 & 991.1 GT3s Join Date: Jul 2014 Location: SF, CA iTrader: (5)	What's your income tax rate? Just got my taxes done. Wife and I are primary W-2 income earners, also have to pay federal AMT. All exclusive of penalties of $100 I owe to fed and $32 I owe to state for underpaying taxes throughout the year. Federal: 15.9% of AGI California State: 5.8% of AGI Total effective tax rate for federal and state combined: 21.7% Type: File jointly Exemptions: 2 kids No one is a disable, blind vet over 67. Schedules: A, B, D 8949, 2441, 6251, 8960, 8801, 8283 __________________ 22 Phytonic/Coffee X5 45e (CoVID-free) 08 Speed Yellow 911 GT3 Sharkwerks 12 AW/Cinnamon X5d Sports Pkg (retired) 14 AW/Beige M6GC ZCP, MPE, V2 steering wheel, vorsteiner (retired) 08 SSII/Black E90 M3 (retired) Last edited by Flying Ace; 04-05-2018 at 02:42 PM..
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