Quote Originally Posted by Vteckidd View Post
Anything over that amount is taxes at the rate of the whole IE if you make 125,000 you pay taxes on the amount over 87,600 at 35% if you are a single male.

125000-87,600=$37400 taxed at 35% , you wouldnt pay the 12-15% on the $37,400, youd pay tax on the whole amount, just the first $87600 is tax free. I would think you would take the standard deduction off of the 37400 though..........

before deduction you would still take home $111,310. Not bad lol
cool.