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Christopher Phelps
Christopher Phelps, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 2710
Experience:  CPA, CFP, PFS, Tax Practitioner 21 Years, Member AICPA/CSCPA Tax/Financial Planning Committee Member
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How much tax will I pay if I make $60,000 a year

Customer Question

I claim 1.
Submitted: 9 years ago.
Category: Tax
Expert:  Christopher Phelps replied 9 years ago.

Assuming your single, under age 65 and that you do not itemize your deductions, your Federal tax liability based on $60,000 of gross income is expected to be $8,620.

Because it is impossible for me to identify and consider ALL the relevant facts, this advice is not intended or written to be used for the purpose of avoiding penalties, and cannot be used for that purpose.

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