Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
The Tax Man Cometh
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="SlugSlinger" data-source="post: 3763488" data-attributes="member: 7248"><p>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.</p><p></p><p>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!</p><p></p><p>For those who aren't aware, here is the federal tax bracket.</p><p>[ATTACH=full]266271[/ATTACH]</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3763488, member: 7248"] 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. [ATTACH type="full" width="457px"]266271[/ATTACH] [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
The Tax Man Cometh
Search titles only
By:
Top
Bottom