TC Tax Service

More Changes for 2008

Posted on08. Dec, 2008 by Terry.

Here are some additional changes for the 2008 Tax Year.
Tax-bracket thresholds increase for each filing status.  For a married couple filing a joint return, for example,  the taxable-income threshold separating the 15% bracket from the 25%  bracket is $65,100, up from $63,700 in 2007.
The maximum earned income tax credit for low and moderate income workers [...]

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