There are seven federal income-tax brackets with tax rates of 10%, 12%, 22%, 24%, 32%, 35% and 37%. Your tax rate is based on your taxable income, after benefits such as the standard deduction are ...

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In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI.

HARRISBURG, Pa. — Editor's note: The above video is from Feb. 11. One day after the Internal Revenue Service announced a one-month extension to file 2020 income taxes, the Pennsylvania Department of ...