Code Section | ||
---|---|---|
.01 | Tax Rate Tables | 1(j)(2)(A)-(D) |
.02 | Unearned Income of Minor Children ("Kiddie Tax") | 1(g) |
.03 | Maximum Capital Gains Rate | 1(h) |
.04 | Adoption Credit | 23 |
.05 | Child Tax Credit | 24 |
.06 | Lifetime Learning Credit | 25A |
.07 | Earned Income Credit | 32 |
.08 | Refundable Credit for Coverage Under a Qualified Health Plan | 36B(f)(2)(B) |
.09 | Rehabilitation Expenditures Treated as Separate New Building | 42(e) |
.10 | Low-Income Housing Credit | 42(h) |
.11 | Employee Health Insurance Expense of Small Employers | 45R |
.12 | Exemption Amounts for Alternative Minimum Tax | 55 |
.13 | Alternative Minimum Tax Exemption for a Child Subject to the "Kiddie Tax" | 59(j) |
.14 | Certain Expenses of Elementary and Secondary School Teachers | 62(a)(2)(D) |
.15 | Transportation Mainline Pipeline Construction Industry Optional Expense Substantiation Rules for Payments to Employees Under Accountable Plans | 62(c) |
.16 | Standard Deduction | 63 |
.17 | Cafeteria Plans | 125 |
.18 | Qualified Transportation Fringe Benefit | 132(f) |
.19 | Income from United States Savings Bonds for Taxpayers Who Pay Qualified Higher Education Expenses | 135 |
.20 | Adoption Assistance Programs | 137 |
.21 | Private Activity Bonds Volume Cap | 146(d) |
.22 | Loan Limits on Agricultural Bonds | 147(c)(2) |
.23 | General Arbitrage Rebate Rules | 148(f) |
.24 | Safe Harbor Rules for Broker Commissions on Guaranteed Investment Contracts or Investments Purchased for a Yield Restricted Defeasance Escrow | 148 |
.25 | Gross Income Limitation for a Qualifying Relative |
152(d)(1)(B) |
.26 | Election to Expense Certain Depreciable Assets | 179 |
.27 | Qualified Business Income | 199A |
.28 | Eligible Long-Term Care Premiums | 213(d)(10) |
.29 | Medical Savings Accounts | 220 |
.30 | Interest on Education Loans | 221 |
.31 | Limitation on Use of Cash Method of Accounting | 448 |
.32 | Threshold for Excess Business Loss | 461(I) |
.33 | Treatment of Dues Paid to Agricultural or Horticultural Organizations | 512(d) |
.34 | Insubstantial Benefit Limitations for Contributions Associated With Charitable Fund-Raising Campaigns | 513(h) |
.35 | Special Rules for Credits and Deductions | 642 |
.36 | Tax on Insurance Companies Other than Life Insurance Companies | 831 |
.37 | Expatriation to Avoid Tax | 877 |
.38 | Tax Responsibilities of Expatriation | 877A |
.39 | Foreign Earned Income Exclusion | 911 |
.40 | Debt Instruments Arising Out of Sales or Exchanges | 1274A |
.41 | Unified Credit Against Estate Tax | 2010 |
.42 | Valuation of Qualified Real Property in Decedent's Gross Estate | 2032A |
.43 | Annual Exclusion for Gifts |
2503 |
.44 | Tax on Arrow Shafts | 4161 |
.45 | Passenger Air Transportation Excise Tax | 4261 |
.46 | Reporting Exception for Certain Exempt Organizations with Nondeductible Lobbying Expenditures | 6033(e)(3) |
.47 | Notice of Large Gifts Received from Foreign Persons | 6039F |
.48 | Persons Against Whom a Federal Tax Lien Is Not Valid | 6323 |
.49 | Property Exempt from Levy | 6334(a) |
.50 | Exempt Amount of Wages, Salary, or Other Income | 6334(d) |
.51 | Interest on a Certain Portion of the Estate Tax Payable in Installments | 6601(j) |
.52 | Failure to File Tax Return | 6651 |
.53 | Failure to File Certain Information Returns, Registration Statements, etc. | 6652 |
.54 | Other Assessable Penalties With Respect to the Preparation of Tax Returns for Other Persons | 6695 |
.55 | Failure to File Partnership Return | 6698 |
.56 | Failure to File S Corporation Return |
6699 |
.57 | Failure to File Correct Information Returns | 6721 |
.58 | Failure to Furnish Correct Payee Statements | 6722 |
.59 | Revocation or Denial of Passport in Case of Certain Tax Delinquencies | 7345 |
.60 | Attorney Fee Awards | 7430 |
.61 | Periodic Payments Received Under Qualified Long-Term Care Insurance Contracts or Under Certain Life Insurance Contracts | 7702B(d) |
.62 | Qualified Small Employer Health Reimbursement Arrangement | 9831 |
If Taxable Income Is: | The Tax is: |
---|---|
Not over $19,750 | 10% of the taxable income |
Over $19,750 but not over $80,250 |
$1,975 plus 12% of the excess over $19,750 |
Over $80,250 but not over $171,050 | $9,235 plus 22% of the excess over $80,250 |
Over $171,050 but not over $326,600 | $29,211 plus 24% of the excess over $171,050 |
Over $326,600 but not over $414,700 | $66,543 plus 32% of the excess over $326,600 |
Over $414,700 but not over $622,050 | $94,735 plus 35% of the excess over $414,700 |
Over $622,050 | $167,307.50 plus 37% of the excess over $622,050 |
If Taxable Income Is: | The Tax Is: |
---|---|
Not over $14,100 | 10% of the taxable income |
Over $14,100 but not over $53,700 | $1,410 plus 12% of the excess over $14,100 |
Over $53,700 but not over $85,500 | $6,162 plus 22% of the excess over $53,700 |
Over $85,500 but not over $163,300 | $13,158 plus 24% of the excess over $85,500 |
Over $163,300 but not over $207,350 | $31,830 plus 32% of the excess over $163,300 |
Over $207,350 but not over $518,400 | $45,926 plus 35% of the excess over $207,350 |
Over $518,400 | $154,793.50 plus 37% of the excess over $518,400 |
If Taxable Income Is: | The Tax Is: |
---|---|
Not over $9,875 | 10% of the taxable income |
Over $9,875 but not over $40,125 | $987.50 plus 12% of the excess over $9,875 |
Over $40,125 but not over $85,525 | $4,617.50 plus 22% of the excess over $40,125 |
Over $85,525 but not over $163,300 | $14,605.50 plus 24% of the excess over $85,525 |
Over $163,300 but not over $207,350 | $33,271.50 plus 32% of the excess over $163,300 |
Over $207,350 but not over $518,400 | $47,367.50 plus 35% of the excess over $207,350 |
Over $518,400 | $156,235 plus 37% of the excess over $518,400 |
If Taxable Income Is: | The Tax Is: |
---|---|
Not over $9,875 | 10% of the taxable income |
Over $9,875 but not over $40,125 | $987.50 plus 12% of the excess over $9,875 |
Over $40,125 but not over $85,525 | $4,617.50 plus 22% of the excess over $40,125 |
Over $85,525 but not over $163,300 | $14,605.50 plus 24% of the excess over $85,525 |
Over $163,300 but not over $207,350 | $33,271.50 plus 32% of the excess over $163,300 |
Over $207,350 but not over $311,025 | $47,367.50 plus 35% of the excess over $207,350 |
Over $311,025 | $83,653.75 plus 37% of the excess over $311,025 |
If Taxable Income Is: | The Tax Is: |
---|---|
Not over $2,600 | 10% of the taxable income |
Over $2,600 but not over $9,450 | $260 plus 24% of the excess over $2,600 |
Over $9,450 but not over $12,950 | $1,904 plus 35% of the excess over $9,450 |
Over $12,950 | $3,129 plus 37% of the excess over $12,950 |
Number of Qualifying Children | ||||
---|---|---|---|---|
Item | One | Two | Three or More | None |
Earned Income Amount | $10,540 | $14,800 | $14,800 | $7,030 |
Maximum Amount of Credit | $3,584 | $5,920 | $6,660 | $538 |
Threshold Phaseout Amount (Single, Surviving Spouse, or Head of Household) | $19,330 | $19,330 | $19,330 | $8,790 |
Completed Phaseout Amount (Single, Surviving Spouse, or Head of Household) | $41,756 | $47,440 | $50,954 | $15,820 |
Threshold Phaseout Amount (Married Filing Jointly) | $25,220 | $25,220 | $25,220 | $14,680 |
Completed Phaseout Amount (Married Filing Jointly) | $47,646 | $53,330 | $56,844 | $21,710 |
If the household income (expressed as a percent of poverty line) is: | The limitation amount for unmarried individuals (other than surviving spouses and heads of household) is: | The limitation amount for all other taxpayers is: |
---|---|---|
Less than 200% | $325 | $650 |
At least 200% but less than 300% | $800 | $1,600 |
At least 300% but less than 400% | $1,350 | $2,700 |
Joint Returns or Surviving Spouses | $113,400 |
Unmarried Individuals (other than Surviving Spouses) | $72,900 |
Married Individuals Filing Separate Returns | $56,700 |
Estates and Trusts | $25,400 |
Married Individuals Filing Separate Returns | $98,950 |
Joint Returns, Unmarried Individuals (other than surviving spouses), and Estates and Trusts | $197,900 |
Joint Returns or Surviving Spouses | $1,036,800 |
Unmarried Individuals (other than Surviving Spouses) | $518,400 |
Married Individuals Filing Separate Returns | $518,400 |
Estates and Trusts | $84,800 |
Filing Status | Standard Deduction |
---|---|
Married Individuals Filing Joint Returns and Surviving Spouses (§ 1(j)(2)(A)) | $24,800 |
Heads of Households (§ 1(j)(2)(B)) | $18,650 |
Unmarried Individuals (other than Surviving Spouses and Heads of Households) (§ 1(j)(2)(C)) | $12,400 |
Married Individuals Filing Separate Returns (§ 1(j)(2)(D)) | $12,400 |
Attained Age Before the Close of the Taxable Year | Limitation on Premiums |
---|---|
40 or less | $430 |
More than 40 but not more than 50 | $810 |
More than 50 but not more than 60 | $1,630 |
More than 60 but not more than 70 | $4,350 |
More than 70 | $5,430 |
Scenario | Daily Penalty | Maximum Penalty |
---|---|---|
Organization (§ 6652(c)(1)(A)) | $20 | Lessor of $10,500 or 5% of gross receipts of the organization for the year. |
Organization with gross receipts exceeding $1,084,000 (§ 6652(c)(1)(A)) | $105 | $54,000 |
Managers (§ 6652(c)(1)(B)) | $10 | $5,000 |
Public inspection of annual returns and reports (§ 6652(c)(1)(C)) | $20 | $10,500 |
Public inspection of applications for exemption and notice of status (§ 6652(c)(1)(D)) | $20 | No Limits |
Scenario | Daily Penalty | Maximum Penalty |
---|---|---|
Organization or trust (§ 6652(c)(2)(A)) | $10 | $5,000 |
Managers (§ 6652(c)(2)(B)) | $10 | $5,000 |
Split-Interest Trust (§ 6652(c)(2)(C)(ii)) | $20 | $10,500 |
Any trust with gross income exceeding $271,000 (§ 6652(c)(2)(C)(ii)) | $105 | $54,000 |
Scenario | Daily Penalty | Maximum Penalty |
---|---|---|
Tax-exempt entity (§ 6652(c)(3)(A)) | $105 | $54,000 |
Failure to comply with written demand (§ 6652(c)(3)(B)(ii)) | $105 | $10,500 |
Scenario | Per Return or Claim for Refund | Maximum Penalty |
---|---|---|
Failure to furnish copy to taxpayer (§ 6695(a)) | $50 | $27,000 |
Failure to sign return (§ 6695(b)) | $50 | $27,000 |
Failure to furnish identifying number (§ 6695(c)) | $50 | $27,000 |
Failure to retain copy or list (§ 6695(d)) | $50 | $27,000 |
Failure to file correct information returns (§ 6695(e)) | $50 per return and item in return | $27,000 |
Negotiation of check (§ 6695(f)) | $540 per check | No limit |
Failure to be diligent in determining eligibility for head of household filing status, child tax credit, American opportunity tax credit, and earned income credit (§ 6695(g)) | $540 per failure | No limit |
Scenario | Penalty Per Return | Calendar Year Maximum |
---|---|---|
General Rule (§ 6721(a)(1)) | $280 | $3,392,000 |
Corrected on or before 30 days after required filing date (§ 6721(b)(1)) | $50 | $565,000 |
Corrected after 30th day but on or before August 1 (§ 6721(b)(2)) | $110 | $1,696,000 |
Scenario | Penalty Per Return | Calendar Year Maximum |
---|---|---|
General Rule (§ 6721(d)(1)(A)) | $280 | $1,130,500 |
Corrected on or before 30 days after required filing date (§ 6721(d)(1)(B)) | $50 | $197,500 |
Corrected after 30th day but on or before August 1 (§ 6721(d)(1)(C)) | $110 | $565,000 |
Scenario | Penalty Per Return | Calendar Year Maximum |
---|---|---|
Return other than a return required to be filed under §§ 6045(a), 6041A(b), 6050H, 6050I, 6050J, 6050K, or 6050L (§ 6721(e)(2)(A)) | Greater of (i) $560, or (ii) 10% of aggregate amount of items required to be reported correctly | No limit |
Return required to be filed under §§ 6045(a), 6050K, or 6050L (§ 6721(e)(2)(B)) | Greater of (i) $560, or (ii) 5% of aggregate amount of items required to be reported correctly | No limit |
Return required to be filed under § 6050I(a) (§ 6721(e)(2)(C)) | Greater of (i) $28,260, or (ii) amount of cash received up to $113,000 | No limit |
Return required to be filed under § 6050V (§ 6721(e)(2)(D)) | Greater of (i) $560, or (ii) 10% of the value of the benefit of any contract with respect to which information is required to be included on the return | No limit |
Scenario | Penalty Per Return | Calendar Year Maximum |
---|---|---|
General Rule (§ 6722(a)(1)) | $280 | $3,392,000 |
Corrected on or before 30 days after required filing date (§ 6722(b)(1)) | $50 | $565,000 |
Corrected after 30th day but on or before August 1 (§ 6722(b)(2)) | $110 | $1,696,000 |
Scenario | Penalty Per Return | Calendar Year Maximum |
---|---|---|
General Rule (§ 6722(d)(1)(A)) | $280 | $1,130,500 |
Corrected on or before 30 days after required filing date (§ 6722(d)(1)(B)) | $50 | $197,500 |
Corrected after 30th day but on or before August 1 (§ 6722(d)(1)(C)) | $110 | $565,000 |
Scenario | Penalty Per Return | Calendar Year Maximum |
---|---|---|
Statement other than a statement required under §§ 6045(b), 6041A(e) (in respect of a return required under § 6041A(b)), 6050H(d), 6050J(e), 6050K(b), or 6050L(c) (§ 6722(e)(2)(A)) | Greater of (i) $560, or (ii) 10% of aggregate amount of items required to be reported correctly | No limit |
Payee statement required under §§ 6045(b), 6050K(b), or 6050L(c) (§ 6722(e)(2)(B)) | Greater of (i) $560, or (ii) 5% of aggregate amount of items required to be reported correctly | No limit |
Ministry Founder Denied Deductions
Easement Savings Clause Not Valid