Definitions for tax bracket
tax brack·et

Princeton's WordNetRate this definition:0.0 / 0 votes

1. income bracket, tax bracket, income tax bracketnoun

   a category of taxpayers based on the amount of their income

WiktionaryRate this definition:0.0 / 0 votes

1. tax bracketnoun

   A range over which a piecewise linear, generally progressive, tax is linear.

ChatGPTRate this definition:0.0 / 0 votes

1. tax bracket

   A tax bracket is a specified range of income that is subject to a particular level or rate of taxation. The tax system in many countries, including the United States, is progressive, meaning that as an individual's or business's income increases, a higher tax rate may be applied for the higher portion of the income. Each tax bracket identifies the level of taxable income and the corresponding tax rate applied to that level.

WikidataRate this definition:0.0 / 0 votes

1. Tax bracket

   Tax brackets are the divisions at which tax rates change in a progressive tax system. Essentially, they are the cutoff values for taxable income — income past a certain point will be taxed at a higher rate.

Matched Categories

1. • Bracket

How to pronounce tax bracket?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say tax bracket in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of tax bracket in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of tax bracket in Pythagorean Numerology is: 6

Examples of tax bracket in a Sentence

1. Carol Berger:

   The thing that surprises a lot of people is that they fall into a higher tax bracket.

2. Ron Weiner:

   You have to do the math of the individual tax bracket.

3. Timothy Kenney:

   If the investor has held the fund for a less than a year, all capital gains will be taxed at their income level, if they have held the fund for greater than a year, they can get a little break in the capital gains tax, maybe 5 % or 20 % depending on your tax bracket, but they may have a big tax bill to pay next year since we've been in a bull market for so long.

4. Maria Bruno:

   People who have left the workforce with large tax-deferred accounts can do some smart planning between age 65 and 70, presumably you have moved to a lower marginal tax bracket, so it may make sense to accelerate some of that income, and the tax liability.

5. Lamar Watson:

   A Roth 401( k) account could make more sense [ for younger people ] because they are usually in a lower tax bracket than when they retire.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=tax bracket
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Tax_Bracket
3. ^ ChatGPT
   https://chat.openai.com
4. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=tax bracket