 |
CCH can assist you with stories, including interviews with CCH subject experts.
Also, the 2009
CCH Whole Ball of Tax is available in print. Please
contact:
Leslie Bonacum
(847) 267-7153
mediahelp@cch.com
Neil Allen
(847) 267-2179
neil.allen@wolterskluwer.com
Visit the CCH Whole Ball of Tax site often as new releases and other updates will be posted throughout the tax season.
CCH provides special CCH Tax Briefings on key topics at: CCHGroup.com/Legislation/Briefings.
| |
2009 CCH Whole Ball of Tax
2008 - 2009 TAX BRACKETS
Married Filing Jointly (& Surviving Spouse)
2009 Taxable Income |
Tax Rate |
2008 Taxable Income |
Tax Rate |
$0-$16,700 |
10% |
$0-$16,050 |
10% |
$16,700-$67,900 |
15% |
$16,050-$65,100 |
15% |
$67,900-$137,050 |
25% |
$65,100-$131,450 |
25% |
$137,050-$208,850 |
28% |
$131,450-$200,300 |
28% |
$208,850-$372,950 |
33% |
$200,300-$357,700 |
33% |
$372,950 + |
35% |
$357,700 + |
35% |
Married Filing Separately
2009 Taxable Income |
Tax Rate |
2008 Taxable Income |
Tax Rate |
$0-$8,350 |
10% |
$0-$8,025 |
10% |
$8,350-$33,950 |
15% |
$8,025-$32,550 |
15% |
$33,950-$68,525 |
25% |
$32,550-$65,725 |
25% |
$68,525-$104,425 |
28% |
$65,725-$100,150 |
28% |
$104,425-$186,475 |
33% |
$100,150-$178,850 |
33% |
$186,475 + |
35% |
$178,850 + |
35% |
Single Filers
2009 Taxable Income |
Tax Rate |
2008 Taxable Income |
Tax Rate |
$0-$8,350 |
10% |
$0-$8,025 |
10% |
$8,350-$33,950 |
15% |
$8,025-$32,550 |
15% |
$33,950-$82,250 |
25% |
$32,550-$78,850 |
25% |
$82,250-$171,550 |
28% |
$78,850-$164,550 |
28% |
$171,550-$372,950 |
33% |
$164,550-$357,700 |
33% |
$372,950 + |
35% |
$357,700 + |
35% |
Head of Household
2009 Taxable Income |
Tax Rate |
2008 Taxable Income |
Tax Rate |
$0-$11,950 |
10% |
$0-$11,450 |
10% |
$11,950-$45,500 |
15% |
$11,450-$43,650 |
15% |
$45,500-$117,450 |
25% |
$43,650-$112,650 |
25% |
$117,450-$190,200 |
28% |
$112,650-$182,400 |
28% |
$190,200-$372,950 |
33% |
$182,400-$357,700 |
33% |
$372,950 + |
35% |
$357,700 + |
35% |
Standard Deduction Amounts
Filing Status |
2009 |
2008 |
Increase |
Married Filing Jointly
(& Surviving Spouse) |
$11,400 |
$10,900 |
$500 |
Married Filing Separately |
$5,700 |
$5,450 |
$250 |
Single |
$5,700 |
$5,450 |
$250 |
Head of Household |
$8,350 |
$8,000 |
$350 |
Standard Deduction for Dependents (“Kiddie” Standard Deduction)
2009 |
2008 |
Increase |
$950 |
$900 |
$50 |
Income Level at Which 3-Percent Itemized Deduction Limitation Takes Effect (Adjusted Gross Income)
Filing Status |
2009 |
2008 |
Increase |
Married Filing Jointly
(& Surviving Spouse) |
$166,800 |
$159,950 |
$6,850 |
Married Filing Separately |
$83,400 |
$79,975 |
$3,425 |
Single |
$166,800 |
$159,950 |
$6,850 |
Head of Household |
$166,800 |
$159,950 |
$6,850 |
Personal Exemption Amounts
2009 |
2008 |
Increase |
$3,650 |
$3,500 |
$150 |
Threshold for Personal Exemption Phaseout
Filing Status |
2009 |
2008 |
Increase |
Married Filing Jointly
(& Surviving Spouse) |
$250,200 |
$239,950 |
$10,250 |
Married Filing Separately |
$125,100 |
$119,975 |
$5,125 |
Single |
$166,800 |
$159,950 |
$6,850 |
Head of Household |
$208,500 |
$199,950 |
$8,550 |
Gift Tax Exemption
2009 |
2008 |
Increase |
$13,000 |
$12,000 |
$ 1,000 |
Income Limit for Full Roth IRA Contribution
Filing Status |
2009 |
2008 |
Increase |
Married Filing Jointly |
$166,000 |
$159,000 |
$7,000 |
Single |
$105,000 |
$101,000 |
$4,000 |
-- ### --
nb-09-25
|
|
|
|
