Re:Does It Make Sense for Programmers to Move to the Bay Area?
by EdJiang on Wednesday December 14, 2016 @05:55PM
(#13180485)
I believe you can deduct state from federal tax, which would save ~2.5% in marginal tax. In addition, social security phases out at ~120k so that's another 7.5% savings. So the difference is almost a wash if I understand correctly?
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Re:Does It Make Sense for Programmers to Move to the Bay Area?
by seattlefreeze on Wednesday December 14, 2016 @08:04PM
(#13181393)
Don't forget about AMT. That usually throws a wrench in things.