Monday, November 9, 2015

A YEAR-END TAX PLANNING TIP


Last winter I talked about “Taking Advantage of the 0% Tax Rate” here at TWTP.  As you are working on your year-end tax plan what I talked about then still applies – so I recommend that you re-read this post.

FYI, the 2015 tax rates are -

Tax Rate
          Single
 Married Filing
       Joint
Married Filing    Separate
     Head of    Household
  10%  Up to $9,225
 Up to $18,450
 Up to $9,225
 Up to $13,150
  15%
  $9,226–$37,450
 $18,451–$74,900
 $9,226–$37,450
 $13,151– $50,200
  25%
  $37,451–$90,750
 $74,901–$151,200
 $37,451–$75,600
 $50,201–$129,600
  28%
 $90,751–$189,300
 $151,201–$230,450
 $75,601–$115,225
 $129,601–$209,850
  33%
 $189,301–$411,500
 $230,451–$411,500
$115,226–$205,750
 $209,851–$411,500
  35%
 $411,501–$413,200
 $411,501–$464,850
$205,751–$232,425
 $411,501–$439,000
  39.6%
 Over $413,200
 Over $464,850
 Over $232,425
 Over $439,000

For lots of other year-end tax planning advice and information I suggest you get my “2015 Year-End Tax Planning Guide” – sent to you as a pdf email attachment for only $3.00!

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