0 votes
12 views
asked by Question
What are the taxes on 1 million dollars?

1 Answer

0 votes
answered by Expert
For instance, if you are single and looking to file taxes on 1 million dollars of earned income in 2018, your income up to $9,525 is taxed at 10 percent, and income between $9,525 and $38,700 is taxed at 12 percent. This continues incrementally up to the highest federal income tax rate of 37 percent.
Welcome to All about Travel site, where you can find questions and answers on everything about TRAVEL
...