YoungAssociates

Tax Rates for 2011

NOTE This information is out of date. See a listing of recent tax-related articles for more current information about taxes and their fundraising implications.

Gift & Estate Tax Exemptions
Year Gift Exemption Estate Exemption Top Rate
2011 $5,000,000 $5,000,000 35%
2012 $5,000,000 $5,000,000* 35%
Notes: 2012 estate exemption is indexed for inflation. The annual exclusion in 2011 is $13,000.
Personal Income Tax Rates for 2010
Rate Joint Single
10% 0-$17,000 0-$8,500
15% $17,001-69,000 $8,501-34,500
25% $69,001-139,350 $34,501-83,600
28% $139,351-212,300 $83,601-174,400
33% $212,301-379,150 $174,401-379,150
35% $379,151 + $379,151 +
Notes: $3,700 is the annual personal exemption. The standard deduction for couples is $11,600 and for an individual is $5,800.