[ridesthemiles]

I still need clarification:

Is the $250,000 number a GROSS income?

ADJUSTED GROSS income (AGI)??

NET TAXABLE income?

Those are 3 VERY different numbers.

Can anyone clarify this for me??

[twoputt]

I agree. Nobody is stating whether they are talking about gross, adjusted or taxable income. In some cases, it is a significant difference.

But is everyone missing the fact there appears to be a marriage penalty involved? If the individual level is $200,000, then shouldn’t the joint level be $400,000? Or in reverse, shouldn’t the individual level be $125,000 if the joint level is $250,000? If that is true, why would singles want to get married?

I thought I would throw that out there.