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[quote=Anonymous]http://taxvox.taxpolicycenter.org/2014/04/08/if-you-have-high-income-your-taxes-are-going-up/ We are at the pre Bush levels with more deduction limits and the new taxes for the affordable care act plus the .9% medicare tax. Note for college tuition payers -American opportunity credit does not exist if your MAGI is $90,000 or more ($180,000 or married joint filers). The credit is 100% of the first 2000 and 25% of the next 2000. Now if you live in a higher cost of living area resulting in higher salaries ... [/quote]
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