How Much Income Tax Will I Pay If I Make $100,000?

December is coming to a close, and now's the time that many people are doing year-end tax planning for 2017. To make the right moves, you need to know what your general tax situation is likely to look like when you get around to preparing and filing your tax return in early 2018.

Those who make $100,000 are doing better than the typical American family, but you still can't afford to pay more money to Uncle Sam than you need to. No two taxpayers' returns will look exactly alike, so it's impossible to provide an answer to how much in tax you'll owe that will be right for everyone. Nevertheless, by looking at a couple of baseline scenarios for households earning $100,000, you can get a better guide on where you're likely to stand.

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Source: Fool.com