Taxable Income

Taxable income is your gross yearly income minus deductions. Depending on the number of children in a family, those with $50,000 in taxable income are likely to have total yearly wages between $62,000 to $80,000. Median total household income (i.e., the 50th percentile of incomes with half of Kansans above and half below) in Kansas is about $54,000 (according to the US Census Bureau).

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