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Deductions & credits
hm, you seem right. I saw something like that on state return. I even saw the name of it "sticky tax rate".
I see the diff between tax bills 12% of the foreign income.
The income of my wife lowers then the limit by 10% - $19,750.
IE, what was taxed before adding foreign income by 10% after "pushing up" become taxed by 22%; ie 22% - 10% = 12% in addition.
And the sum of that is the same, as the sum of foreign income. That's why I was under the impression, that I was taxed on foreign income. But it was wrong.
Seems like I was taxed on US income "under higher tax bracket" but the sum was the same as foreign income.
Yes, it seems correct. Thx for that idea 🙂
‎April 16, 2021
11:16 AM
1,068 Views