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How to Calculate Federal Income Tax (Progressive Tax Structure) Single Filer with Annual Income of $95,000 in 2012. Marginal Tax rate. Marginal Tax Base. Marginal Tax Amount. Total Tax Amount. $95,000. Tax Rate * Tax Base =. 28%. $8,350. $8,350. 28% of $8,350 = $2,338. $85,650.

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  1. How to Calculate Federal Income Tax (Progressive Tax Structure) Single Filer with Annual Income of $95,000 in 2012 Marginal Tax rate Marginal Tax Base Marginal Tax Amount Total Tax Amount $95,000 Tax Rate * Tax Base = 28% $8,350 $8,350 28% of $8,350 = $2,338 $85,650 $50,120 $12,530 25% $35,530 $26,830 $4,024.50 $17,424.50 15% $17,424.50 + 2,338 Total Tax Amount $19,762.50 19,762.50/95,000 Overall Tax Rate 20.8% $8,700 10% $8,700 $870 $0

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