gfunk1086
New Member

Retirement tax questions

Thanks. Is that wages for married filing jointly though? Said another way, let's say we each earn $150,000 for a total between us of $300,000. Is the maximum tax $8,537 on that $300,000 or is it $17,075 which reflects two $8,537 tax liabilities on two incomes reaching the max amount.

 

For our paychecks we elect, "married but withhold at single rate"?