• spidermanchild@sh.itjust.works
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    6 months ago

    Never say never. There are hard income limits for certain tax credits, like EV tax credits, and some weird COVID relief funds for dependents that actually do result in situations where you get less money for making more money. Also things like ability to fund a Roth IRA. I know because it has happened to me. Even following the tax table results in some situations where you can make a few bucks less by earning more, as someone pointed out above. Other folks have pointed out other benefits cliffs and higher education shenanigans. But you’re generally right.