Single taxpayer.
2022 taxable income: $45,354.
2022 tax: $5,600
2023 taxable income: $44,696
2023 tax: $5,141
Taxable income decreases by $658.
Tax decreases by $459.
I know she's on the cusp of a tax bracket, but really? $658 less income results in $459 less tax? That's a 70% cut.
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