Part time work, high tax rate.

[2lazy2retire]

I have a general tax question – my wife has just started working part time earning very little income but because of my high salary her wages will be subjected to a high effective rate of tax.
Anything that can be done to shelter her income?

Little info:
MFJ
Max out the 401k
Backdoor Roths his/hers.

[seattlecyclone]

The main thing I can think of is to max out any retirement accounts her new job offers. If there are none, you're pretty much stuck paying your current marginal rate on her income.

[Cromacster]

If you are referring to the taxes you will pay in April, there's not a whole let else you can do unless you divorce.

If you are referring to the amount that is withheld each paycheck, you could adjust her with holdings so that almost not tax is withheld except for FICA.  There can be penalties if you under pay by too much, so something to keep in mind.

[zephyr911]

I have a general tax question – my wife has just started working part time earning very little income but because of my high salary her wages will be subjected to a high effective rate of tax.
Anything that can be done to shelter her income?

Little info:
MFJ
Max out the 401k
Backdoor Roths his/hers.

The downside of filing joint - it's all treated the same. Same as if you got a raise in that amount. Marginal rate is marginal rate. Your call if it's worth it.

If you are referring to the taxes you will pay in April, there's not a whole let else you can do unless you divorce.

If you are referring to the amount that is withheld each paycheck, you could adjust her with holdings so that almost not tax is withheld except for FICA.  There can be penalties if you under pay by too much, so something to keep in mind.

You do get one freebie if your income goes up from year to year, but yeah.