What tax bracket you fall into
WROC Rochester First
CPA Scott Adair from the New York State Society of CPAs discussed tax brackets and how you might be able to lower yours Monday on News 8 at Sunrise. "Tax brackets basically identify what our total taxes will be for the year," said Adair. "It helps you determine whether you're going to get a refund, or whether you are going to end up owing somebody. Generally speaking, it depends on how much income you've made during that past year." Adair said there are seven tax brackets for each filing category and they vary by state.