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Retirement tax questions
Referring to the IRS 2016 income tax brackets web page
https://www.irs.com/articles/2016-federal-tax-rates-personal-exemptions-and-standard-deductions
if you are filing as a single person or married filing separately would want to reduce your income by $2,017 to bring it down to to the 15% marginal tax bracket. If you are married filing jointly or filing as head of household, you cannot reach a lower tax bracket even contributing the maximum $5,500 ($6,500 if 50 years old or older) per person.
May 31, 2019
7:35 PM