Originally Posted By: czbrian
Originally Posted By: Kestas
I discovered that not only was the extra money taxed, but it would bump up my tax rate, so all the other money was taxed a bit more.
No. That's not how it works. Only the incremental income is taxed at the higher rate.
HTF do so many people not understand this?!
Originally Posted By: Kestas
I discovered that not only was the extra money taxed, but it would bump up my tax rate, so all the other money was taxed a bit more.
No. That's not how it works. Only the incremental income is taxed at the higher rate.
HTF do so many people not understand this?!