Phrases with «next tax bracket»

Sentences with «next tax bracket»

  • So if you estimated $ 22,000 in taxable income from noninvestment sources, you could afford to withdraw an additional $ 55,400 from tax - deferred accounts without pushing yourself into the next tax bracket. (fidelity.com)
  • Depending on the amount discharged, that additional «income» may push you into the next tax bracket, increasing the percentage you pay in taxes not only on the discharged debt but on your normal income also. (thecollegeinvestor.com)
  • It appears that what happens is that (take a deep breath) the capital gain does push you into the next tax bracket, but the capital gain is always interpreted as the «last» income you received, so that if your non-capital-gains income is less than the threshold, it will all be taxed in the lower bracket, and only your capital gain will be taxed in the higher bracket (but it will be taxed at the capital - gains rate of that higher bracket). (money.stackexchange.com)
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