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From Revenue Procedure 2012-41

Gift tax exclusion: 14,000
kiddie tax unearned income limit: 1,000
Foreign earned income exclusion: 97,600

Remember, these are for your 2013 planning, not for preparing your 2012 tax return.
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<Billy Mays voice on>
But wait!! There's more!!!

Retirement plan limits

401k/403b/457 limit: 17,500
Catch up for 50 and older remains at 5,500

Traditional IRA phaseout range
single/head of house: 59,000 - 69,000
Married filing joint: 95,000 - 115,000
Spouse of participant: 178,000 - 188,000

Roth IRA limit
Single/head of house: 112,000 - 127,000
Married filing joint: 178,000 - 188,000
Married filing separate: 0 - 10,000

415 annual benefit limit: 205,000

Defined contribution limit: 51,000

Annual compensation limit: 255,000

SIMPLE limit: 12,000


This is from the IRS Newswire 2012-77. That news release didn't contain the official Rev Proc reference. Sorry. I'm guessing that it will be in either the same Rev Proc as above or in an adjacent one.

--Peter
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Retirement Topics - IRA Contribution Limits

For 2011 and 2012, the maximum you can contribute to all of your traditional and Roth IRAs is the smaller of:

$5,000 ($6,000 if you’re age 50 or older), or
your taxable compensation for the year.



http://www.irs.gov/Retirement-Plans/Plan-Participant,-Employ...
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For 2013 the IRA contribution limit rises to $5,500. I don't think the catch up amount of $1,000 is indexed, but in any event it remains $1,000.

Phil
Rule Your Retirement Home Fool
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