As an accountant just so you know your tax rate when you bump up a bracket is only on the amount in that new bracket. So for example if you were bumped into a higher bracket by $100 you are only paying the higher tax on that $100, all the wages below that bracket are still taxed the same.My wife worked last year. We paid $26K in federal tax. She quite December 31 due to the stress her boss was causing her. With her quitting, my tax bill was reduced $16K. It is amazing how much more tax you pay when you step up tax brackets.
This year I created a spreadsheet to calculate exactly how much tax needs to be withheld for both federal and state. I have adjusted my 401K contributions to keep me in a lower tax bracket, because if I go into that higher bracket again, I will be paying 83% more tax - screw that. FJB!
For those who aren't aware, here is the federal tax bracket.
View attachment 266271