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Reply to "Bill proposed to crack down on backdoor roth (and other loopholes) "
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[quote=Anonymous]This is a pretty wild marriage penalty: [quote][i] Sec. 138201. Increase in Top Marginal Individual Income Tax Rate. The provision increases the top marginal individual income tax rate in section 1(j)(2) to 39.6%. This marginal rate applies to married individuals filing jointly with taxable income over $450,000, to heads of households with taxable income over $425,000, to unmarried individuals with taxable income over $400,000, to married individuals filing separate returns with taxable income over $225,000, and to estates and trusts with taxable income over $12,500. The amendments made by this section apply to taxable years beginning after December 31, 2021.[/i][/quote][/quote]
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