Greetings, iam Tiffany Link, Don’t overdo it!
Ugh, 2022 already? It feels like just yesterday I was getting my first taxed paycheck! Time sure flies when you’re busy paying taxes. Anyway, it looks like the new year is bringing some changes to our paychecks. Let’s take a look at what we can expect from our taxed paycheck in 2022.
Why Do I Get Taxed So Much On My Paycheck 2022? [Solved]
Wow, that’s a bummer! The IRS is raising the federal income tax brackets for 2022 due to inflation. On the plus side, married couples filing together will get a higher standard deduction of $25,900 and single taxpayers will get $12,950.
Come 2022, your paycheck is gonna be taxed! It’s a bummer, but it’s just the way it is. So, you better start saving now if you want to stay afloat. Don’t worry though - there are ways to make sure you don’t get hit too hard. Just do your research and talk to a financial advisor if you need help.