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![]() Figuring your effective tax rate The U.S. tax system is progressive, with six income tax brackets ranging from 10 percent to 35 percent. Where do you fit in?
Most taxpayers take the standard deduction, but it may pay off to itemize. Here’s what the IRS will let you write off.
The IRS and tax pros say they see these same errors every filing season. Avoid these common blunders.
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