How Much Tax Will You Pay on $60k Income In Alaska?

Alaska has no income tax. But don’t think you’ll escape the long arm of the Federal tax man.

If you have $40k in Social Security and $20k in IRA distributions you’ll pay nothing to the Feds.

But switch that around to $20k Social Security and $40k IRA and you’re taxes jump to $2871.

Plan wisely before you begin to take Social Security!

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