How US Tax Rates Work

"What tax bracket am I in?" is a common question we hear. While you can find an answer for what bracket you are in, your tax bracket is not actually your tax rate.

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LINKS: https://www.investopedia.com/terms/p/progressivetax.asp
https://www.nerdwallet.com/article/taxes/federal-income-tax-brackets

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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.