2018 QUICK REFERENCE CHART

LONG-TERM CAPITAL GAINS IRA LIMITS

SINGLE 0% to 38,600; 15% 38,601-425,800; 20% 425,801+ Maximum Contribution Catch- Up Contributions
MFJ 0% to 77,200; 15% 77,201-479,000; 20% 479,001+ $5,500 $1,000
HOH 0% to 51,700; 15% 51,701-452,400; 20% 452,401+
MFS 0% to 38,600; 15% 38,601-239,500; 20% 239,501+ LIMIT FOR SEP AND DEFINED CONTRIBUTION PLANS
Maximum Contribution Compensation Limit
SOCIAL SECURITY/ SE TAX $55,000 $275,000
Maximum FICA/SE Earnings $128,400
Maximum Employee FICA Tax $7,961 LIMIT FOR SIMPLE PLANS
Maximum SE FICA Tax $15,922 Maximum Contribution Catch-Up Contributions
Maximum Employee/SE Medical No limit $12,500 $3,000

AFFORDABLE CARE ACT LIMIT FOR 401(k), 403(b)

Additional .9% Medicare Tax On Earned Income Above: Maximum Contribution Catch-Up Contributions
$250,000- Married Filing Jointly $18,500 $6,000
$200,000-Single, Head of Household
$125,000-Married Filing Separately SECTION 179 BONUS DEPRECIATION
Deduction Limit/Phase Out 100%
3.8% Surtax on LESSER of: 1 Million/ 2.5 Million
Net Investment Income, or Modified AGI in Excess of :
$250,000-Married Filing Jointly ESTATE AND GIFT TAX
$200,000-Single, Head of Household Estate Tax Exemption Lifetime Gift Exemption
$125,000-Married Filing Separately $11,200,000 $11,200,000

2018 STANDARD DEDUCTION Plus Blind ANNUAL GIFT TAX EXCLUSION

FILING STATUS AMOUNT Over 65 $15,000
Married Filing Jointly $24,000 $1,300
Single $12,000 $1,600 STANDARD MILEAGE RATES
Head of Household $18,000 $1,600 Business Mileage 54.5 cents
Married Filing Separately $12,000 $1,300 Charitable 14 cents
Medical and Moving 18 cents

EARNED INCOME CREDIT PER QUALIFYING CHILD

Qualifying Children Maximum Amount
0 $519
1 $3,461
2 $5,716
3+ $6,431