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Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75339  
Subject: WSJ: Taxes in 2013 Date: 11/30/2013 3:32 PM
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Wall Street Journal has a first rate article today that summarizes the changes in tax rates this year.

http://online.wsj.com/news/articles/SB1000142405270230428100... (subscription required. p B7 & b10)

They show tax rates for the various brackets, capital gains rates (0% under 36250 single or 72500 married), 20% over 400k single or 450001 married. 15% in the middle.

There is a new 3.8% net investment income tax above 200k single, or 250k married, and a 0.9% wage tax on Medicare above 200K single or 250k married.

They did not give the qualified tax rate on dividends.

They omitted the Medicare penalties paid by retirees for excess income. Over 85K single or 170k married it is $42/mo Medicare and $11.60 Pt D for a total of 0.8% single. Above 107k single or 214k married, it rises to 1.5 to 1.67% single.
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Author: CABob Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 73857 of 75339
Subject: Re: WSJ: Taxes in 2013 Date: 11/30/2013 3:55 PM
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I believe this is a link to the article that doesn't require subscription.
http://online.wsj.com/news/articles/SB1000142405270230428100...

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Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 73858 of 75339
Subject: Re: WSJ: Taxes in 2013 Date: 11/30/2013 4:21 PM
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pauleckler writes,

They omitted the Medicare penalties paid by retirees for excess income. Over 85K single or 170k married it is $42/mo Medicare and $11.60 Pt D for a total of 0.8% single. Above 107k single or 214k married, it rises to 1.5 to 1.67% single.

There's also an Obamacare "tax" on Singles earning less than $45,960/yr and Couples under $62,040. For every dollar earned up to those limits, you lose 8% to 9.5% in tax subsidies for health insurance. Above those limits, the subsidies disappear completely -- meaning that last dollar in income would cost you thousands in extra taxes.

http://retireearlyhomepage.com/obamacare_spike.html

intercst

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