We live in Alaska...limit our 401k income to less than $80k so our federal tax rate is 12%, and we qualify for subsidized Blue Cross Gold health insurance under Obamacare...that saves us over $25k in health insurance per year. Alaska has no state income tax, no state sales tax, no state estate tax, at age 65 the first $150,000 property appraisal is waived from property taxes. Our annual permanent fund dividend check is taxed by the federal government.
We live in Alaska...limit our 401k income to less than $80k so our federal tax rate is 12%, and we qualify for subsidized Blue Cross Gold health insurance under Obamacare...that saves us over $25k in health insurance per year. Alaska has no state income tax, no state sales tax, no state estate tax, at age 65 the first $150,000 property appraisal is waived from property taxes. Our annual permanent fund dividend check is taxed by the federal government.
Wow Missy. I am moving to Alaska!! Thank you for the great comment!
Great video, very informative. Thank you❤
You are so welcome!
Here a year later; Obligatory Liked and Sub’d 👍▶️
Thank you so much!!
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what would be the taxable percentage if a single person has no provisional income or below 25k?