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Tax Rate 2025 Michigan Khalid Noor The top marginal income tax rate of 37 percent will hit taxpayers with taxable incomeTaxable income is the amount of income subject to tax, after deductions and exemptions Tax filing deadline to request an extension until Oct For tax year 2025, the top tax rate remains 37% for individual single taxpayers with incomes greater than $626,350 ($751,600 for married couples filing jointly)
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