GO
Loading...

US Income Tax Basics: CNBC Explains

The amount of tax you pay depends on how much money you make. For anyone who has computed taxes, “tax brackets” are a familiar term — but how they work can be complicated. Salman Khan of the Khan Academy breaks down and explains the U.S. income tax schedule.

From this video, you’ll understand:

  • How the US federal tax rate schedule works
  • What “tax brackets” mean



Featured

Contact CNBC Explains

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Latest Special Reports

  • CNBC and Institutional Investor host the 4th Annual Delivering Alpha Conference.

  • The boom in America’s energy independence has major implications on the economy, foreign policy and the environment.

  • A city-tour, bringing you the urban innovation shaping our lives.

Central Banking Explained

Corporate Accounting Explained