Search found 2 matches

by angelodan
Thu Feb 17, 2022 8:08 am
Forum: General questions and comments
Topic: Dividend Income instead of portfolio withdrawal
Replies: 4
Views: 15501

Re: Dividend Income instead of portfolio withdrawal

It`s unlikely that anything can be modeled with high accuracy. After all, this`s not maths and here you`re dealing with risk, so I don`t advise you to rely on accurate calculations. The idea of passive income from dividends is very close to me, now I`m fully striving for it. I think 3-4% is also a g...
by angelodan
Mon Jul 19, 2021 1:36 pm
Forum: General questions and comments
Topic: Income Tax Rate - Effective Tax Rate?
Replies: 2
Views: 9732

Re: Income Tax Rate - Effective Tax Rate?

The rates apply to taxable income—adjusted gross income minus either the standard deduction or allowable itemized deductions. Income up to the standard deduction is thus taxed at a zero rate. Federal income tax rates are progressive. As taxable income increases, it is taxed at higher rates. The most...