Taxes are an essential part of financial planning — they touch everything from retirement planning to philanthropy to estate planning. Each year, the IRS updates important limits and thresholds throughout the tax code.

In this guide we cover:

  • Income taxes
    • Taxable income range
    • Investment taxes
    • Income tax deductions and credits
    • Other important tax deductions and credits
    • Social Security and Medicare tax (FICA) rates
  • Stealth taxes
    • Net investment income tax (NIIT)
    • Income-related monthly adjustment amount (IRMAA)
    • Additional Medicare tax
  • Retirement
    • Retirement contribution limits
    • Required minimum distributions (RMDs)
    • Qualified charitable distribution rules
  • Gift, trust, and estate taxes
    • Trust and estate tax rates (not individual)
    • Annual and lifetime gifting limits
Download now