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My income taxes are quite reasonable. Cheap, even. [View All]

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Home » Discuss » Topic Forums » Economy Donate to DU
trof Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 08:17 AM
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My income taxes are quite reasonable. Cheap, even.
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Just finished my state and federal income tax forms.
My net tax rate for the feds is 5.4% of AGI.
About half of my social security income isn't taxed and I got a $1590 tax credit for the solar water system we had installed last year.

My net tax rate for state is 2.5% of AGI.
Alabama does not tax any of my social security, nor my qualified pension.

I can live with that.
:-)
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