- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Why $1000 increase on interest results $458 tax increase
Hello, I increased income $1000, the tax increase is $458. tax bracket $35%+3.8%(investment tax)+0.9%(Medicare tax)=39.7%, not 45.8%. Anybody knows the reason, thanks.
‎February 25, 2025
8:12 PM