Married Filing Joint/Surviving Spouse $10,700 Single $5,350 Head of Household $7,850 Married filing separately $5,350 Additional aged/blind - Married $1,050 Additional aged/blind - Unmarried $1,300 Taxpayer claimed as dependent $850

filing status phase out begins when AGI exceeds phase out complete when AGI exceeds Married Filing Joint/Surviving Spouse $234,600 $357,100 Single $156,400 $278,900 Head of Household $195,500 $318,000 Married Filing Separately $117,300 $178,550

Social Security Wage Base (OASDI) $97,500 Medicare Portion (HI) No Limit

tax employee rate self-employed rate Social Security (OASDI) 6.20% 12.4% Medicare (HI) 1.45% 2.9%

estate planning Annual Gift Exclusion $12,000 Gift Tax Unified Credit $345,800 Gift Tax Exemption $1,000,000 Estate Tax Unified Credit $780,800 Estate Tax Exemption $2,000,000 Marital Gift Exclusion Noncitizen Spouse $125,000 Generation Skipping Exemption $2,000,000 Special Use Valuation $940,000 retirement plans Maximum Defined Benefit Dollar Limit $180,000 Maximum Contribution to a Defined Contribution Plan $45,000 Maximum Compensation Limit $225,000 Elective Deferral Limit 401(k), 403(b) and 457 Plans $15,500 Catch-up Limit (50 and Older) to 401(k), 403(b) and 457 Plans $5,000 Highly Compensated Employee Definition Limit $100,000 SIMPLE Maximum Contribution $10,500 Catch-up Limit (50 and Older) IRA and SIMPLE $2,500 long term care Eligible Long Term Care Premium Deduction - 40 or less $290 More than 40 but not more than 50 $550 More than 50 but not more than 60 $1,110 More than 60 but not more than 70 $2,950 More than 70 $3,680 social security Social Security Wage Base (OASDI) $97,500 Social Security Tax Rate (OASDI) (Employee Rate) 6.20% Social Security (OASDI) (Self-Employed Rate) 12.4% Medicare Portion (HI) No Limit Medicare Tax Rate (HI) (Employee Rate) 1.45% Medicare Tax Rate (HI) (Self-Employed Rate) 2.9%

married filing joint/surviving spouse if taxable income is: the tax is: 0-$15,650 10% of the taxable income Over $15,650 but not over $63,700 $1,565 plus 15% of excess over $15,650 Over $63,700 but not over $128,500 $8,772.50 plus 25% of the excess over $63,700 Over $128,500 but not over $195,850 $24,972.50 plus 28% of the excess over $128,500 Over $195,850 but not over $349,700 $43,830.50 plus 33% of the excess over $195,850 Over $349,700 $94,601 plus 35% of the excess over $349,700

head of household if taxable income is: the tax is: 0-$11,200 10% of the taxable income Over $11,200 but not over $42,650 $1,120 plus 15% of excess over $11,200 Over $42,650 but not over $110,100 $5,837.50 plus 25% of the excess over $42,650 Over $110,100 but not over $178,350 $22,700 plus 28% of the excess over $110,100 Over $178,350 but not over $349,700 $41,810 plus 33% of the excess over $178,350 Over $349,700 $98,355.50 plus 35% of the excess over $349,700

single if taxable income is: the tax is: Not over $7,825 10% of the taxable income Over $7,825 but not over $31,850 $782.50 plus 15% of the excess over $7,825 Over $31,850 but not over $77,100 $4,386.25 plus 25% of the excess over $31,850 Over $77,100 but not over $160,850 $15,698.75 plus 28% of the excess over $77,100 Over $160,850 but not over $349,700 $39,148.75 plus 33% of the excess over $160,850 Over $349,700 $101,469.25 plus 35% of the excess over $349,700

married filing separate returns if taxable income is: the tax is: Not over $7,825 10% of the taxable income Over $7,825 but not over $31,850 $782.50 plus 15% of the excess over $7,825 Over $31,850 but not over $64,250 $4,386.25 plus 25% of the excess over $31,850 Over $64,250 but not over $97,925 $12,486.25 plus 28% of the excess over $64,250 Over $97,925 but not over $174,850 $21,915.25 plus 33% of the excess over $97,925 Over $174,850 $47,300.50 plus 35% of the excess over $174,850

estates and trusts if taxable income is: the tax is: Not over $2,150 15% of the taxable income Over $2,150 but not over $5,000 $322.50 plus 25% of the excess over $2,150 Over $5,000 but not over $7,650 $1,035 plus 28% of the excess of $5,000 Over $7,650 but not over $10,450 $1,777 plus 33% of the excess of $7,650 Over $10,450 $2,701 plus 35% of the excess over $10,450