2018
| LONG-TERM CAPITAL GAINS | |||||
| Rate | Single | Married Filing Jointly | Married Filing Separately | Head of Household | Trusts & Estates |
| 0% | $0-$38,600 | $0-$77,200 | $0-$38,600 | $0-$51,700 | $0-$2,600 |
| 15% | $38,601-$425,800 | $77,201-$479,000 | $38,601-$239,500 | $51,701-$452,400 | $2,601-$12,700 |
| 20% | $425,801+ | $479,001+ | $239,501+ | $452,401+ | $12,701+ |
| MEDICARE CONTRIBUTION TAX | |||||
| Rate | Single1 | Married Filing Jointly1 | Married Filing Separately1 | Head of Household | Trusts & Estates2 |
| 3.8% | $200,000+ | $250,000+ | $125,000+ | $200,000+ | $12,500+ |
1Surtax applies to lesser of net investment income or Modified Adjusted Gross Income over threshold
2Surtax applies to the lesser of (1) undistributed net investment income or (2) the excess of adjusted gross income over $12,500
More information regarding this and other tax data can be found in our 2018 Federal Tax Reference Guide
2017
| SINGLE | ||||||||||
| Capital Gains & Dividends | ||||||||||
|
||||||||||
| Unearned Income Medicare Contribution Tax | ||||||||||
| Filing Status | MAGI1 Threshold | Rate | ||||||||
| Single | $200,000 + | 3.8% | ||||||||
| (3.8% surtax applied to lower of net inv. income or MAGI1 over threshold) | ||||||||||
1MAGI = Modified Adjusted Gross Income
| MARRIED FILING SEPARATELY | ||||||||||
| Capital Gains & Dividends | ||||||||||
|
||||||||||
| Unearned Income Medicare Contribution Tax | ||||||||||
| Filing Status | MAGI1 Threshold | Rate | ||||||||
| Married Filing Separately | $125,000 + | 3.8% | ||||||||
| (3.8% surtax applied to lower of net inv. income or MAGI1 over threshold) | ||||||||||
1MAGI = Modified Adjusted Gross Income
| MARRIED FILING JOINTLY | ||||||||||
| Capital Gains & Dividends | ||||||||||
|
||||||||||
| Unearned Income Medicare Contribution Tax | ||||||||||
| Filing Status | MAGI1 Threshold | Rate | ||||||||
| Married Filing Jointly | $250,000 + | 3.8% | ||||||||
| (3.8% surtax applied to lower of net inv. income or MAGI1 over threshold) | ||||||||||
1MAGI = Modified Adjusted Gross Income
| HEAD OF HOUSEHOLD | ||||||||||
| Capital Gains & Dividends | ||||||||||
|
||||||||||
| Unearned Income Medicare Contribution Tax | ||||||||||
| Filing Status | MAGI1 Threshold | Rate | ||||||||
| Head of Household | $200,000 + | 3.8% | ||||||||
| (3.8% surtax applied to lower of net inv. income or MAGI1 over threshold) | ||||||||||
1MAGI = Modified Adjusted Gross Income
| TRUSTS & ESTATES | ||||||||||
| Capital Gains & Dividends | ||||||||||
|
||||||||||
| Unearned Income Medicare Contribution Tax | ||||||||||
| Filing Status | MAGI1 Threshold | Rate | ||||||||
| Trusts & Estates | $12,500 | 3.8% | ||||||||
| (3.8% surtax applied to lower of net inv. income or MAGI1 over threshold) | ||||||||||
1MAGI = Modified Adjusted Gross Income
The information presented here is not intended to be a comprehensive analysis. Chernoff Diamond is a benefits advisory firm and does not provide tax or legal advice. Individuals or Employers should consult with qualified legal and/or tax counsel for guidance in respect of matters of law, tax and related regulation.
