Thank you both. good reminder of how 'progressive' (as in escalating, not as actual progress) our tax code is. We had a very good year in 2014 (stocks matured) and are grateful with ~300 AGI, the part that I was trying to figure out is how with the salary less than twice yours (maxing out 401k, 403b, HSAs, tIRAs) we still end up paying 74k in taxes... Another incentive to cut on work , either partially or altogether..