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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So it's it possible to be pushed into a high enough tax bracket that you lose money? That's what my mom always implied. I always urged her to apply to jeopardy because she knows all the answers abd she said, no, too many taxes.[/quote] 😂 no not possible. [/quote] I feel as though people don't understand marginal tax rates. Yes, you could be pushed into a higher tax bracket, but you would still have a higher net income for the year. [/quote] Yes seriously ffs if you make an extra 100k and have to pay 40k in taxes you still have 60k more than you would have![/quote]
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