Calculating Federal Income Taxes Using Excel | 2023 Tax Brackets
12:29
YouTubeProfessor Ikram
Calculating Federal Income Taxes Using Excel | 2023 Tax Brackets
In this video, I use a simple Excel example to show how you can calculate federal income taxes depending on your taxable income and tax bracket. In the process you will also learn the difference between your average and marginal tax rate. Link to Excel (Google) Sheet: https://docs.google.com/spreadsheets/d/1T-aw3ZAtEfd3lIKMwy388D3L2ubOd2In/edit ...
75.1K viewsAug 11, 2023
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Give yourself a (tax) break. Contributing to SPP not only reduces your taxable income for the year, it could also lower your tax bracket. And, since your earnings are tax sheltered, they’ll grow even faster long-term. Contribute by the March 2nd RRSP deadline. https://www.saskpension.com/my_spp/contribute-direct.php | Saskatchewan Pension Plan
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