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  • Services
    • Tax Preparation
    • Home Loans
    • Personal Finance Coaching
  • About Us
    • Meet Chad
    • Meet Emilie
    • Chad's Story
  • Client Resources
    • Tax Resources
    • Home Loan Resources
    • Financial Coaching Resources
  • E-News
  • Client Reviews
  • Contact Us
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What is my tax rate?


You actually don’t have one “tax rate”, per se.
 
In the United States, we’re in a progressive income tax system, meaning higher levels of income are taxed at higher rates. Your marginal tax rate is the percentage you pay on the “last dollar” of taxable income that you earn; but your effective tax rate is the averaged percentage you pay on all taxable income, which is generally less than the marginal tax rate percentage.
 
To learn more about your specific marginal tax rate, view our Tax Rates page.​
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​​© 2023 Peshke Financial Inc., all rights reserved. NMLS #2244878. "Making Finances Simple. Changing Lives." is a pending trademark with USPTO. Material contained in this website is for informational purposes only and is not meant to be construed as direct financial advice for your specific situation. It is recommended that you consult with your own advisors for any personalized financial guidance. Since we’re not licensed attorneys, we cannot provide legal advice. As such, any info contained in this website should not be construed as direct legal advice. Individual Licensure (see profiles) - click here. Send Docs Securely - click here.