What is the Federal Income Tax?

Answer

The federal income tax is that tax which the citizens pay each year to support the costs of running the federal government and the country.
Ask.com Answer for: what is the federal income tax
Federal Income Taxes
Federal tax returns for 2012 were due on Tuesday, April 15, 2013.
Q&A Related to "What is the Federal Income Tax?"
Federal income taxes are taxes based on your income. The more you make, the more you pay. Of course, the more we all pay, the more the federal government spends.
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Federal Income tax is money that is paid to the US Government and is collected by the IRS. This is separate from any income taxes that must be paid to your state or local government
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The federal income tax rate is not a set rate for everyone it differs as to your taxable income. Take for example if you are married filing joint and earn between 67,900. to 137,050
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The amount of federal income tax that is with held all depends on how much money you make. Basically the more money you make, more federal taxes will be taken out. It can range from
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