2021 tax reference guide

2021 tax reference guide

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2021 tax reference guide

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    2021 Tax Reference Guide Tax Brackets for 2021 Single $0 – $9,950 10% $9,951 – $40,525 12% $40,526 – $86,375 22% $86,376 – $164,925 24% $164,926 – $209,425 32% $209,426 – $523,600 35% over $523,600 37% Married, Filing Jointly $0 – $19,900 10% $19,901 – $81,050 12% $81,051 – $172,750 22% $172,751 – $329,850 24%

    FEDERAL TAX REFERENCE GUIDE INCOME TAXES 2020 2021 If Taxable Income is: Over But Not More ThanThe Tax Is Of the Amount Over INCOME TAXES Medicare tax rate - 2.9% on income plus an additional 0.9% on amount in excess of the A 3.8% Net Investment Income Tax (NIIT) is assessed on the lesser of (1) Net investment

    4. Total Employee Medicare Tax is 1.45% + 0.9% = 2.35%. 5. Including interest, dividends, capital gains and annuity Integrity Life Insurance Company National Integrity Life Insurance Company Western-Southern Life Assurance Company Tax Brackets for 2021 Taxable income (i.e., income minus deductions and credits) between: Married, Joint &

    2021 Contribution Limits and Tax Reference Guide The Tax Reference Guide provides basic, high-level summaries of complex tax rules, and exceptions may apply. Be sure to consult with your personal tax advisor as to how these rules apply to you and what changes, if any, have been made to such rules. Tax-advantaged accounts: retirement plans

    2021 T a T efer 6 2021 tax rates For the 2021 tax year, the tax rates are the same, while the brackets increased. 2021 Marginal Rates by Filing Status Single Married Filing Jointly Head of Household Married Filing Separately 10% 12% 22% 24% 32% 35% 37% $0 - $9,950 $9,951 - $40,525 $40,526 - $86,375 $86,376 - $164,925 $164,926 - $209,425 $209,426 - $523,600

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