Marcum 2021 Year-End Tax Guide

2021 TAXABLE INCOME THRESHOLD FOR LONG-TERM CAPITAL GAINS RATE

0% RATE FOR LONG-TERM CAPITAL GAINS AND QUALIFIED DIVIDENDS

15% RATE FOR LONG- TERM CAPITAL GAINS AND QUALIFIED DIVIDENDS

20% RATE FOR LONG- TERM CAPITAL GAINS AND QUALIFIED DIVIDENDS

FILING STATUS

MFJ

Up to $80,800 Up to $54,100 Up to $40,400 Up to $40,400 Up to $2,700

$80,801 - $501,600 $54,100 - $473,750 $40,401 - $445,850 $40,401 - $250,800 $2,701 - $13,250

Over $501,600 Over $473,750 Over $445,850 Over $250,800 Over $13,250

HH

SINGLE

MFS

TRUSTS & ESTATES

2022 TAXABLE INCOME THRESHOLD FOR LONG-TERM CAPITAL GAINS RATE

0% RATE FOR LONG-TERM CAPITAL GAINS AND QUALIFIED DIVIDENDS

15% RATE FOR LONG- TERM CAPITAL GAINS AND QUALIFIED DIVIDENDS

20% RATE FOR LONG- TERM CAPITAL GAINS AND QUALIFIED DIVIDENDS

FILING STATUS

MFJ

Up to $83,350 Up to $55,800 Up to $41,675 Up to $41,675 Up to $2,800

$83,351 - $517,200 $55,801 - $488,500 $41,676 -$459,750 $41,676 - $258,600 $2,801 - $13,700

Over $517,200 Over $488,500 Over $459,750 Over $258,600

HH

SINGLE

MFS

TRUSTS & ESTATES

$13,700

GIFT & ESTATE TAX EXEMPTIONS

2021

2022

GIFT TAX EXEMPTION ESTATE TAX EXEMPTION GST TAX EXEMPTION ANNUAL EXCLUSION

$11,700,000 $11,700,000 $11,700,000

$12,060,000 $12,060,000 $12,060,000

$15,000

$16,000

ANNUAL EXCLUSION (FOR GIFTS TO SPOUSES WHO ARE NOT US CITIZENS)

$159,000

$164,000

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