| Form | Item | Case | Limit MFJ | Limit S | Limit HOH | Remarks |
|---|
| 1040 | Social Security Tax (OASDI) | per person 6.2% | 132,900 | | | max. 8,239.80 |
| 1040 | Railroad Tier II | per person 4.9% | 98,700 | | | max. 4,836.30 |
| 2555 | Foreign Earned Income | exclusion per person | 105,900 | | | |
| 6251 | Alternate Minimum Tax | exemption | 111,700 | 71,700 | | 26% and 28% tax rate |
| 1040 | Net Investment Tax (NII) | 3.8%, starts at: | 250,000 | 200,000 | 200,000 | MFS: 125,000 |
| 1040 | Additional Medicare Tax | 0.9%, starts at: | 250,000 | 200,000 | 200,000 | MFS: 125,000 |
| | Estate Tax | exclusion | 11,400,000 | | | 40% tax rate |
| | Gift Tax | exclusion | 30,000 | 15,000 | | |
| | Itemized Deductions: | | | | | |
| 1040 | Standard Deduction | | 24,400 | 12,200 | 18,350 | over 65: +1350/1650 |
| 1040 S-A | Itemized Deduction | | no limit | no limit | no limit | |
| 1040 S-A | Medical Expenses | >7.5% AGI | no limit | no limit | no limit | |
| 1040 S-A | Mortgage Insurance Premium | | 109,000 | 54,500 | 50,000? | add to Mortgage Interest |
| 1040 S-A | State and Local Sales Taxes | per return | 10,000 | 10,000 | 10,000 | |
| 1040 S-A | Home Mortgage Interest | loan limit | 750,000 | 375,000 | | |
| | Other Deductions: | | | | | |
| 1040 | Education Savings Bonds Interest | exclusion | 151,600 | 96,100 | | |
| 1040 S1 | Tuition Deduction | | 160,000 | 80,000 | | |
| 1040 S1 | Student Loan Interest Deduction | max. $2,500 | 170,000 | 85,000 | | |
| 1040 | Adoption Expenses | per child 14,080 | 251,160 | | | |
| | Retirement Contributions: | | | | | |
| W-2 | 401(k) Elective deferral | | 19,000 | | | 25,000 when > 50 |
| W-2 | IRA Contribution | per person | 6,000 | | | 7,000 when > 55 |
| W-2/8889 | HSA Contribution | | 7,000 | 3,500 | | +1,000 when > 55 |
| 1040 S1 | IRA Contribution Deduction MAGI | all retirement plan | 123,000 | 74,000 | 74,000 | |
| 1040 S1 | IRA Contribution Deduction MAGI | one retirement plan | 203,000 | | | |
| 8606 | Roth IRA Contribution Limit | | 203,000 | 137,000 | | |
| 8880 | Retirement Savings Contribution | 50%, ..., 10% | 64,000 | 32,000 | 48,000 | this is a credit |
| | Credits: | | | | | |
| 1040 | Child Tax Credit | 2,000 per child <17y | 480,000 | 240,000 | | 1,400 refundable |
| 1040 | Dependent Care Credit | 35%, ..., 20% | no limit | no limit | no limit | 3,000 per child |
| 8863 | American Opportunity Credit | 2,500 | 180,000 | 90,000 | | 1,000 refundable |
| 8863 | Lifetime Learning Credit | 2,000 per return | 136,000 | 68,000 | | |
| 1040 S1 | Tuition and Fees Deduction | 4,000 per return | 160,000 | 80,000 | | |
| 1040 | Earned Income Credit | no children | 21,370 | 15,570 | single | max. 529 |
| 1040 | Earned Income Credit | one child | 46,884 | 41,094 | single | max. 3,526 |
| 1040 | Earned Income Credit | two children | 52,493 | 46,703 | single | max. 5,828 |
| 1040 | Earned Income Credit | three children | 55,952 | 50,162 | single | max. 6,557 |
| 1040 | Earned Income Credit | Investment Income | 3,600 | 3,600 | single | |
| | Depreciation: | | | | | |
| 1040 | max Depreciation | passenger auto | 10,000 | | | |
| 1040 | max Depreciation | SUV > 6,000 pounds | 25,500 | | | |
| 1040 | Section 179 Deduction | | 1,020,000 | | | |
| | Tax Rates | | | | | |
| 1040 | Income Tax Rate | 10% | 19,400 | 9,700 | 13,850 | |
| 1040 | Income Tax Rate | 12% | 78,950 | 39,475 | 52,850 | |
| 1040 | Income Tax Rate | 22% | 168,400 | 84,200 | 84,200 | |
| 1040 | Income Tax Rate | 24% | 321,450 | 160,725 | 160,700 | |
| 1040 | Income Tax Rate | 32% | 408,200 | 204,100 | 204,100 | |
| 1040 | Income Tax Rate | 35% | 612,350 | 510,300 | 510,300 | 37% tax rate above |
| Sch D | Capital Gains Rate | 0% | 78,750 | 39,375 | 52,750 | |
| Sch D | Capital Gains Rate | 15% | 250,000 | 200,000 | 200,000 | |
| Sch D | Capital Gains Rate | 18.8% | 488,850 | 434,550 | 461,700 | includes NIIT 3.8% |
| Sch D | Capital Gains Rate | 23.8% | | | | includes NIIT 3.8% |
| Form | Item | Case | Limit MFJ | Limit S | Limit HOH | Remarks |
|---|