On 10/24/07, Ray Saintonge saintonge@telus.net wrote:
The number is also used for single filing. It's only halved for married filing separately. The other thing that needs to be factored in at that level is the clawback on deductions and exemptions.
If you make the (usually poor) assumption of two married people making equal income they each need to make only half of that... i.e. income per person needs to only be half that number to cross that particular threshold. ;)