How much is income tax in the USA?
Federal income tax brackets range from 10% to 35% depending on taxable income. The first $8450 of income per wage-earner is typically exempt from tax except for people who are dependents, then it’s typically $5150 exempt. For a married couple filing jointly, the first $16,900 would not be taxed. There can be additional amounts not taxed depending on family situations such as having kids. Many low income people make below the amount where they have to pay any federal income tax, and they might be eligible for an Earned Income Credit which pays them more money than they had withheld. States vary considerably. Here’s a link to info by state: http://www.taxadmin.org/fta/rate/ind_inc… Some municipalities also have a local income tax. Amounts vary.
