|
|
|
 |
| 2010 Tax
Rates - Single Taxpayers - Standard Deduction $5,700 |
|
|
| 10% |
0 –
8,375 |
| 15% |
8,376 - 34,000 |
| 25% |
34,001 - 82,400 |
| 28% |
84,401 - 171,850 |
| 33% |
171,851 - 373,650 |
| 35% |
Over
373,650 |
|
2010 Tax Rates - Married Jointly &
Surviving Spouses - Standard Deduction $11,400 |
| 10% |
0 –
16,750 |
| 15% |
16,751 - 68,000 |
| 25% |
68,001 - 137,300 |
| 28% |
137,301 - 209,250 |
| 33% |
209,251 - 373,650 |
| 35% |
Over
373,650 |
|
2010 Tax Rates - Married Filing
Separately - Standard Deduction $5,700 |
| 10% |
0 –
8,375 |
| 15% |
8,376 - 34,000 |
| 25% |
34,001 - 68,650 |
| 28% |
68,651 - 104,625 |
| 33% |
104,626 - 186,825 |
| 35% |
Over
186,825 |
|
2010 Tax Rates - Head of Household -
Standard Deduction $8,400 |
| 10% |
0 - 11,950 |
| 15% |
11,951 - 45,550 |
| 25% |
45,551 - 117,650 |
| 28% |
117,651 - 190,550 |
| 33% |
190,551 - 373,650 |
| 35% |
Over
373,650 |
|
Miscellaneous 2010
Tax Rates |
| Personal Exemption |
$ 3,500 |
| Business equipment expensing deduction |
$250,000 |
| Prior-year safe harbor for estimated taxes of higher-income |
110% of your 2007 tax liability |
| Standard mileage rate for business driving |
50 cents |
| Mileage rate for medical and moving expense deductions
|
16.5 cents |
| Mileage rate for medical and moving expense deductions
|
14 cents |
| "Kiddie
tax" threshold |
$ 950 |
| "Nanny tax" threshold |
$1,400 |
| Maximum capital gains tax rate for taxpayers in the 10% or 15%
bracket |
5% |
| Maximum capital gains tax rate for taxpayers above the 15% bracket |
15% |
| Capital gains tax rate for unrecaptured Sec. 1250 gains |
25% |
| Capital gains tax rate on collectibles |
28% |
| Maximum IRA Contribution |
$4,000 if under age 50
$4,500 if 50 or older |
| Maximum employee contribution to SIMPLE retirement plans |
$10,000 if under age 50
$12,000 if 50 or older |
| 401(k) maximum employee contribution limit |
$14,000 if under age 50
$18,000 if 50 or older |
| Self-employed health insurance deduction |
100% |
| Estate tax exemption |
$1,500,000 |
| Annual Exclusion for Gifts |
$13,000 |
| |
|
Miscellaneous 2011
Tax Rates |
| Personal Exemption |
$ 3,700 |
| Business equipment expensing deduction |
$500,000 |
| Standard mileage rate for business driving |
51 cents |
| Mileage rate for medical and moving expense deductions
|
19 cents |
| Mileage rate for medical and moving expense deductions
|
14 cents |
| "Kiddie
tax" on unearned income |
$ 1,900 |
| "Nanny tax" threshold |
$1,400 |
| Maximum capital gains tax rate for taxpayers in the 10% or 15%
bracket |
5% |
| Maximum capital gains tax rate for taxpayers above the 15% bracket |
15% |
| Capital gains tax rate for unrecaptured Sec. 1250 gains |
25% |
| Capital gains tax rate on collectibles |
28% |
| Maximum IRA Contribution |
$5,000 if under age 50
$6,000 if 50 or older |
| Maximum employee contribution to SIMPLE retirement plans |
$11,500 if under age 50
$14,000 if 50 or older |
| 401(k) maximum employee contribution limit |
$16,500 if under age 50
$22,000 if 50 or older |
| Self-employed health insurance deduction |
100% |
| Estate tax exemption |
$5,000,000 |
| Annual Exclusion for Gifts |
$13,000 |
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