• 9. Tax Brackets EXPLAINED!!

  • Jan 16 2023
  • Duración: 20 m
  • Podcast

9. Tax Brackets EXPLAINED!!

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  • Resumen

  • Ever been told not to take a raise or work Overtime because you'll be screwed over by Uncle Sam? Well, I'm here to tell you that those lines are false.  A raise is STILL a raise even if you jump to a new bracket! Allow me to explain why. 


    Sources: 

    Tax Brackets 2022: https://www.nerdwallet.com/article/taxes/federal-income-tax-brackets

    W-4: https://www.irs.gov/pub/irs-pdf/fw4.pdf

    Publication 15: https://www.irs.gov/pub/irs-pdf/p15.pdf

    Withholding Worksheets from Pub 15: https://www.irs.gov/publications/p15t#en_US_2023_publink100019280

    --- Support this podcast: https://podcasters.spotify.com/pod/show/achievingminerva/support
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