And earning over a certain amount doesn't work anymore. I think they got rid of the taxes on the overage. I don't earn over the certain amount, so I don't know. If you earn say $150,000/yr., you might be in the 22% tax bracket. You pay $33,000 unless you can dredge up a bunch of deductions. Even then you pay a lot.
And earning over a certain amount doesn't work anymore. I think they got rid of the taxes on the overage. I don't earn over the certain amount, so I don't know. If you earn say $150,000/yr., you might be in the 22% tax bracket. You pay $33,000 unless you can dredge up a bunch of deductions. Even then you pay a lot.