How Do You Do A Bracket

Have you ever been asked for your approximate tax bracket by an advisor, attorney, financial provider, or even a Fidelity representative? Knowing your tax bracket can be useful in many scenarios, including when you open new accounts.

Square brackets are used to enclose a section of writing or printing to separate it from the main text. They can be used like parentheses, but are often used less often in writing for that purpose. One main use of square brackets in writing is in conjunction with the word sic. Your marginal tax rate or tax bracket refers only to your highest tax rate—the last tax rate your income is subject to. For example, in 2020, a single filer with taxable income of $100,000 willl pay $18,080 in tax, or an average tax rate of 18%. But your marginal tax rate or tax bracket is actually 24%. Tax brackets only apply to your taxable income. Your deductions and taxable income may drop you into a lower tax bracket or potentially a higher one.

While your tax bracket won't tell you exactly how much you'll pay in taxes, it can help you assess the tax impact of financial decisions. For instance, if you're in the 35% tax bracket, you could save 35 cents in federal tax for every dollar spent on a tax-deductible expense, such as mortgage interest or charity.

Marginal tax rate: Your tax bracket explained

A common misconception is that your marginal tax rate is the rate at which your entire income is taxed. So someone in the 35% tax bracket pays 35% in taxes.

In actuality, income is taxed in tiers. When your income reaches a different tier, that portion of your income is taxed at a new rate. Your marginal tax rate or tax bracket refers only to your highest tax rate—the last tax rate your income is subject to. For example, in 2020, a single filer with taxable income of $100,000 willl pay $18,080 in tax, or an average tax rate of 18%. But your marginal tax rate or tax bracket is actually 24%.

Alternatively referred to as an open brace, close brace, and squiggly brackets, curly brackets are found on the same keys as the open bracket [ and close bracket ] on US keyboards.

Where are the curly bracket keys on the keyboard?

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Below is an overview of a computer keyboard with the open curly bracket and close curly bracket keys highlighted in blue.

How to create an open and close curly bracket

How do you do a bracket file

Creating the '{' and '}' symbols on a U.S. keyboard

On English keyboards, the open bracket and close bracket are on the same key as the [ and ] (square bracket) keys close to the Enter key. To get a curly bracket, press and hold the Shift key, then press the { or } key.

Creating the '{' and '}' symbol on a smartphone or tablet

To create a curly bracket a smartphone or tablet, open the keyboard, go into the numbers (123), then (#+=) or symbols (sym), and tap the '{' or '}' symbol.

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How are curly brackets used?

These keys are most commonly used in curly bracket programming languages such as C, Java, Perl, and PHP to enclose groups of statements or for a block of code. Below is an example of how an enclosed statement looks like in Perl.

In the example above, are two enclosed statements using curly brackets. The first group is the do loop that continues to increase the value of $value variable up to 100. Within that group is the if statement for checking if $value is greater than or equal to 10. Once $value is greater than or equal to 10, it prints a message and exits.

What are the other symbols on the curly bracket keys?

How Do You Do A Bracket File

On U.S. keyboards, the { and } (curly bracket) keys are shared with the [ or ] (square bracket) keys. To create the curly bracket, hold down the Shift key while also pressing the { or } key.

Tax credit if taxed at 12 percent

Related curly bracket pages

How Do You Do A Bracket Without

Keyboard terms, Programming terms, Square bracket