<prompt> Human: I want to start early on tax planning for 2017. What are some ways that I can plan out my taxes early. I am currently in the 25 tax bracket on want to get down to the 15 tax bracket. Is this worth it and when is it worth it?  <response>: There is a common misconception about how tax brackets work. Tax brackets are marginal. The 25 tax bracket is for income between 37,650 and 91,150. The first 37,649 you earn is NOT taxed at 25. Only the money you earn in that range is taxed at 25. Moving between tax brackets only affects the taxable income in those ranges, not your overall tax burden. 