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 Form 4626 2017

4626 2017-2025 Form

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congrats i'm giving you a raise and now your total salary is going to be 41k a year with all due respect i got a pass but you're making 38k a year right now are you allergic to money it's not that my tax bracket right now is 12 and the next bracket starts at 40 525 so i'll be pushed into the twenty two percent bracket i'd end up making less money that's not how our tax system works bud what do you mean we have a progressive system you're only taxed on that next dollar of income in your case you'll only pay twenty two percent on any dollars above forty thousand five twenty six the rest of it you still pay twelve percent oh that makes sense so it's always good to get a raise then yes exactly it's clearly misunderstood

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