Income | Expenses | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total income |
Wage and salary |
Wage and salary of spouse |
Social Security benefits | Pension | Dividends | Taxable interest | Tax-exempt interest | Business income | Capital gains | Employer-provided health benefits | Other | Mortgage interest | State & local income or sales tax payments | State & local real estate (property) tax payments | Charitable contributions | College expenses | Student loan interest | Child care expenses | |||
For the principal taxpayer, all income from paid employment, including tips, bonuses, and the like. | For the spouse of the taxpayer, all income from paid employment, including tips, bonuses, and the like. | All benefits for retirees, survivors, and dependents. | Taxable portion of payments during retirement from plans (pension, 401(k), etc.) tied to previous employment. | Qualified dividends received. Enter nonqualified dividends as taxable interest income. | Interest received on savings accounts and other financial investments, other than tax-exempt interest. | Interest on instruments such as municipal bonds that is exempt from the federal individual income tax. | Net income from a sole proprietorship, partnership, S corporation, limited liability company, or other business. All net income will be treated as earned by the primary taxpayer for purposes of calculating self-employment payroll taxes. | Gains on assets held for longer than one year. Enter short-term capital gains as taxable interest income. | Income from all other taxable sources. | Mortgage interest paid on primary residence. | Income or sales tax payments (excluding property taxes) to state and local governments. | Real estate (property) tax payments to state and local governments. | Donations to charitable organizations or causes. | Expenses for postsecondary education (e.g., tuition, textbooks, and school fees) | Interest paid on student loans. | Child care expenses for all children under age 13. | |||||
Low | Income level $26,600 | Wage and salary $22,700.0 | Wage and salary of spouse $2,400.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $200.0 | Taxable interest $400.0 | Tax-exempt interest $0.0 | Business income $400.0 | Capital gains $500.0 | Employer-provided health benefits $4,900.0 | Other $0.0 | Mortgage interest $900.0 | State & local income or sales tax payments $1,400.0 | State & local real estate (property) tax payments $1,200.0 | Charitable contributions $1,000.0 | College expenses $0.0 | Student loan interest $200.0 | Child care expenses $0.0 | ||
Medium | Income level $71,700 | Wage and salary $54,600.0 | Wage and salary of spouse $14,900.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $200.0 | Taxable interest $300.0 | Tax-exempt interest $0.0 | Business income $800.0 | Capital gains $900.0 | Employer-provided health benefits $10,700.0 | Other $0.0 | Mortgage interest $3,000.0 | State & local income or sales tax payments $2,600.0 | State & local real estate (property) tax payments $1,900.0 | Charitable contributions $2,300.0 | College expenses $0.0 | Student loan interest $500.0 | Child care expenses $0.0 | ||
High | Income level $133,900 | Wage and salary $101,500.0 | Wage and salary of spouse $26,900.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $800.0 | Taxable interest $500.0 | Tax-exempt interest $200.0 | Business income $1,800.0 | Capital gains $2,200.0 | Employer-provided health benefits $11,600.0 | Other $0.0 | Mortgage interest $7,800.0 | State & local income or sales tax payments $5,400.0 | State & local real estate (property) tax payments $3,900.0 | Charitable contributions $3,200.0 | College expenses $0.0 | Student loan interest $600.0 | Child care expenses $0.0 | ||
Very High | Income level $578,700 | Wage and salary $330,700.0 | Wage and salary of spouse $69,600.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $11,000.0 | Taxable interest $4,900.0 | Tax-exempt interest $5,500.0 | Business income $122,000.0 | Capital gains $35,000.0 | Employer-provided health benefits $10,500.0 | Other $0.0 | Mortgage interest $10,900.0 | State & local income or sales tax payments $30,300.0 | State & local real estate (property) tax payments $11,100.0 | Charitable contributions $21,800.0 | College expenses $0.0 | Student loan interest $300.0 | Child care expenses $0.0 | ||
Highest | Income level $2,671,900 | Wage and salary $979,900.0 | Wage and salary of spouse $261,600.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $337,200.0 | Taxable interest $40,200.0 | Tax-exempt interest $21,000.0 | Business income $784,600.0 | Capital gains $247,400.0 | Employer-provided health benefits $9,100.0 | Other $0.0 | Mortgage interest $15,500.0 | State & local income or sales tax payments $169,700.0 | State & local real estate (property) tax payments $28,500.0 | Charitable contributions $56,500.0 | College expenses $0.0 | Student loan interest $300.0 | Child care expenses $0.0 |
Income | Expenses | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total income |
Wage and salary |
Wage and salary of spouse |
Social Security benefits | Pension | Dividends | Taxable interest | Tax-exempt interest | Business income | Capital gains | Employer-provided health benefits | Other | Mortgage interest | State & local income or sales tax payments | State & local real estate (property) tax payments | Charitable contributions | College expenses | Student loan interest | Child care expenses | |||
For the principal taxpayer, all income from paid employment, including tips, bonuses, and the like. | For the spouse of the taxpayer, all income from paid employment, including tips, bonuses, and the like. | All benefits for retirees, survivors, and dependents. | Taxable portion of payments during retirement from plans (pension, 401(k), etc.) tied to previous employment. | Qualified dividends received. Enter nonqualified dividends as taxable interest income. | Interest received on savings accounts and other financial investments, other than tax-exempt interest. | Interest on instruments such as municipal bonds that is exempt from the federal individual income tax. | Net income from a sole proprietorship, partnership, S corporation, limited liability company, or other business. All net income will be treated as earned by the primary taxpayer for purposes of calculating self-employment payroll taxes. | Gains on assets held for longer than one year. Enter short-term capital gains as taxable interest income. | Income from all other taxable sources. | Mortgage interest paid on primary residence. | Income or sales tax payments (excluding property taxes) to state and local governments. | Real estate (property) tax payments to state and local governments. | Donations to charitable organizations or causes. | Expenses for postsecondary education (e.g., tuition, textbooks, and school fees) | Interest paid on student loans. | Child care expenses for all children under age 13. | |||||
Low | Income level $36,000 | Wage and salary $30,300.0 | Wage and salary of spouse $3,700.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $100.0 | Taxable interest $500.0 | Tax-exempt interest $100.0 | Business income $300.0 | Capital gains $1,000.0 | Employer-provided health benefits $6,900.0 | Other $0.0 | Mortgage interest $1,400.0 | State & local income or sales tax payments $2,000.0 | State & local real estate (property) tax payments $1,500.0 | Charitable contributions $1,000.0 | College expenses $0.0 | Student loan interest $300.0 | Child care expenses $300.0 | ||
Medium | Income level $82,500 | Wage and salary $64,400.0 | Wage and salary of spouse $16,600.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $200.0 | Taxable interest $200.0 | Tax-exempt interest $0.0 | Business income $500.0 | Capital gains $600.0 | Employer-provided health benefits $14,000.0 | Other $0.0 | Mortgage interest $4,400.0 | State & local income or sales tax payments $3,000.0 | State & local real estate (property) tax payments $2,200.0 | Charitable contributions $1,800.0 | College expenses $0.0 | Student loan interest $500.0 | Child care expenses $600.0 | ||
High | Income level $151,200 | Wage and salary $109,300.0 | Wage and salary of spouse $33,500.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $600.0 | Taxable interest $300.0 | Tax-exempt interest $0.0 | Business income $6,100.0 | Capital gains $1,400.0 | Employer-provided health benefits $15,400.0 | Other $0.0 | Mortgage interest $9,100.0 | State & local income or sales tax payments $6,500.0 | State & local real estate (property) tax payments $5,000.0 | Charitable contributions $3,600.0 | College expenses $0.0 | Student loan interest $500.0 | Child care expenses $900.0 | ||
Very High | Income level $880,800 | Wage and salary $518,300.0 | Wage and salary of spouse $109,100.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $9,500.0 | Taxable interest $4,300.0 | Tax-exempt interest $3,100.0 | Business income $207,300.0 | Capital gains $29,200.0 | Employer-provided health benefits $15,200.0 | Other $0.0 | Mortgage interest $18,200.0 | State & local income or sales tax payments $54,300.0 | State & local real estate (property) tax payments $14,500.0 | Charitable contributions $19,500.0 | College expenses $0.0 | Student loan interest $500.0 | Child care expenses $300.0 | ||
Highest | Income level $4,479,000 | Wage and salary $1,653,000.0 | Wage and salary of spouse $293,100.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $119,300.0 | Taxable interest $67,000.0 | Tax-exempt interest $28,600.0 | Business income $1,803,200.0 | Capital gains $514,800.0 | Employer-provided health benefits $13,400.0 | Other $0.0 | Mortgage interest $15,100.0 | State & local income or sales tax payments $301,100.0 | State & local real estate (property) tax payments $33,100.0 | Charitable contributions $159,500.0 | College expenses $0.0 | Student loan interest $500.0 | Child care expenses $300.0 |
Income | Expenses | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total income |
Wage and salary |
Wage and salary of spouse |
Social Security benefits | Pension | Dividends | Taxable interest | Tax-exempt interest | Business income | Capital gains | Employer-provided health benefits | Other | Mortgage interest | State & local income or sales tax payments | State & local real estate (property) tax payments | Charitable contributions | College expenses | Student loan interest | Child care expenses | |||
For the principal taxpayer, all income from paid employment, including tips, bonuses, and the like. | For the spouse of the taxpayer, all income from paid employment, including tips, bonuses, and the like. | All benefits for retirees, survivors, and dependents. | Taxable portion of payments during retirement from plans (pension, 401(k), etc.) tied to previous employment. | Qualified dividends received. Enter nonqualified dividends as taxable interest income. | Interest received on savings accounts and other financial investments, other than tax-exempt interest. | Interest on instruments such as municipal bonds that is exempt from the federal individual income tax. | Net income from a sole proprietorship, partnership, S corporation, limited liability company, or other business. All net income will be treated as earned by the primary taxpayer for purposes of calculating self-employment payroll taxes. | Gains on assets held for longer than one year. Enter short-term capital gains as taxable interest income. | Income from all other taxable sources. | Mortgage interest paid on primary residence. | Income or sales tax payments (excluding property taxes) to state and local governments. | Real estate (property) tax payments to state and local governments. | Donations to charitable organizations or causes. | Expenses for postsecondary education (e.g., tuition, textbooks, and school fees) | Interest paid on student loans. | Child care expenses for all children under age 13. | |||||
Low | Income level $36,000 | Wage and salary $30,300.0 | Wage and salary of spouse $3,700.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $100.0 | Taxable interest $500.0 | Tax-exempt interest $100.0 | Business income $300.0 | Capital gains $1,000.0 | Employer-provided health benefits $6,900.0 | Other $0.0 | Mortgage interest $1,400.0 | State & local income or sales tax payments $2,000.0 | State & local real estate (property) tax payments $1,500.0 | Charitable contributions $1,000.0 | College expenses $2,600.0 | Student loan interest $300.0 | Child care expenses $300.0 | ||
Medium | Income level $82,500 | Wage and salary $64,400.0 | Wage and salary of spouse $16,600.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $200.0 | Taxable interest $200.0 | Tax-exempt interest $0.0 | Business income $500.0 | Capital gains $600.0 | Employer-provided health benefits $14,000.0 | Other $0.0 | Mortgage interest $4,400.0 | State & local income or sales tax payments $3,000.0 | State & local real estate (property) tax payments $2,200.0 | Charitable contributions $1,800.0 | College expenses $2,900.0 | Student loan interest $500.0 | Child care expenses $600.0 | ||
High | Income level $151,200 | Wage and salary $109,300.0 | Wage and salary of spouse $33,500.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $600.0 | Taxable interest $300.0 | Tax-exempt interest $0.0 | Business income $6,100.0 | Capital gains $1,400.0 | Employer-provided health benefits $15,400.0 | Other $0.0 | Mortgage interest $9,100.0 | State & local income or sales tax payments $6,500.0 | State & local real estate (property) tax payments $5,000.0 | Charitable contributions $3,600.0 | College expenses $4,200.0 | Student loan interest $500.0 | Child care expenses $900.0 | ||
Very High | Income level $880,800 | Wage and salary $518,300.0 | Wage and salary of spouse $109,100.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $9,500.0 | Taxable interest $4,300.0 | Tax-exempt interest $3,100.0 | Business income $207,300.0 | Capital gains $29,200.0 | Employer-provided health benefits $15,200.0 | Other $0.0 | Mortgage interest $18,200.0 | State & local income or sales tax payments $54,300.0 | State & local real estate (property) tax payments $14,500.0 | Charitable contributions $19,500.0 | College expenses $8,200.0 | Student loan interest $500.0 | Child care expenses $300.0 | ||
Highest | Income level $4,479,000 | Wage and salary $1,653,000.0 | Wage and salary of spouse $293,100.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $119,300.0 | Taxable interest $67,000.0 | Tax-exempt interest $28,600.0 | Business income $1,803,200.0 | Capital gains $514,800.0 | Employer-provided health benefits $13,400.0 | Other $0.0 | Mortgage interest $15,100.0 | State & local income or sales tax payments $301,100.0 | State & local real estate (property) tax payments $33,100.0 | Charitable contributions $159,500.0 | College expenses $2,200.0 | Student loan interest $500.0 | Child care expenses $300.0 |
Income | Expenses | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total income |
Wage and salary |
Wage and salary of spouse |
Social Security benefits | Pension | Dividends | Taxable interest | Tax-exempt interest | Business income | Capital gains | Employer-provided health benefits | Other | Mortgage interest | State & local income or sales tax payments | State & local real estate (property) tax payments | Charitable contributions | College expenses | Student loan interest | Child care expenses | |||
For the principal taxpayer, all income from paid employment, including tips, bonuses, and the like. | For the spouse of the taxpayer, all income from paid employment, including tips, bonuses, and the like. | All benefits for retirees, survivors, and dependents. | Taxable portion of payments during retirement from plans (pension, 401(k), etc.) tied to previous employment. | Qualified dividends received. Enter nonqualified dividends as taxable interest income. | Interest received on savings accounts and other financial investments, other than tax-exempt interest. | Interest on instruments such as municipal bonds that is exempt from the federal individual income tax. | Net income from a sole proprietorship, partnership, S corporation, limited liability company, or other business. All net income will be treated as earned by the primary taxpayer for purposes of calculating self-employment payroll taxes. | Gains on assets held for longer than one year. Enter short-term capital gains as taxable interest income. | Income from all other taxable sources. | Mortgage interest paid on primary residence. | Income or sales tax payments (excluding property taxes) to state and local governments. | Real estate (property) tax payments to state and local governments. | Donations to charitable organizations or causes. | Expenses for postsecondary education (e.g., tuition, textbooks, and school fees) | Interest paid on student loans. | Child care expenses for all children under age 13. | |||||
Low | Income level $6,000 | Wage and salary $5,900.0 | Wage and salary of spouse $0.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $0.0 | Taxable interest $0.0 | Tax-exempt interest $0.0 | Business income $0.0 | Capital gains $100.0 | Employer-provided health benefits $1,700.0 | Other $0.0 | Mortgage interest $0.0 | State & local income or sales tax payments $500.0 | State & local real estate (property) tax payments $100.0 | Charitable contributions $0.0 | College expenses $0.0 | Student loan interest $100.0 | Child care expenses $0.0 | ||
Medium | Income level $18,800 | Wage and salary $18,400.0 | Wage and salary of spouse $0.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $200.0 | Taxable interest $0.0 | Tax-exempt interest $0.0 | Business income $100.0 | Capital gains $100.0 | Employer-provided health benefits $2,100.0 | Other $0.0 | Mortgage interest $100.0 | State & local income or sales tax payments $1,000.0 | State & local real estate (property) tax payments $200.0 | Charitable contributions $300.0 | College expenses $0.0 | Student loan interest $100.0 | Child care expenses $0.0 | ||
High | Income level $46,100 | Wage and salary $45,300.0 | Wage and salary of spouse $0.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $100.0 | Taxable interest $100.0 | Tax-exempt interest $0.0 | Business income $300.0 | Capital gains $300.0 | Employer-provided health benefits $4,700.0 | Other $0.0 | Mortgage interest $1,700.0 | State & local income or sales tax payments $1,500.0 | State & local real estate (property) tax payments $1,200.0 | Charitable contributions $700.0 | College expenses $0.0 | Student loan interest $300.0 | Child care expenses $0.0 | ||
Very High | Income level $167,900 | Wage and salary $147,000.0 | Wage and salary of spouse $0.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $3,800.0 | Taxable interest $900.0 | Tax-exempt interest $3,000.0 | Business income $8,200.0 | Capital gains $5,000.0 | Employer-provided health benefits $5,400.0 | Other $0.0 | Mortgage interest $8,500.0 | State & local income or sales tax payments $9,000.0 | State & local real estate (property) tax payments $3,900.0 | Charitable contributions $2,100.0 | College expenses $0.0 | Student loan interest $100.0 | Child care expenses $0.0 | ||
Highest | Income level $474,200 | Wage and salary $311,900.0 | Wage and salary of spouse $0.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $20,900.0 | Taxable interest $7,500.0 | Tax-exempt interest $10,300.0 | Business income $46,300.0 | Capital gains $77,300.0 | Employer-provided health benefits $2,900.0 | Other $0.0 | Mortgage interest $5,400.0 | State & local income or sales tax payments $34,500.0 | State & local real estate (property) tax payments $5,300.0 | Charitable contributions $34,300.0 | College expenses $0.0 | Student loan interest $200.0 | Child care expenses $0.0 |
Income | Expenses | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total income |
Wage and salary |
Wage and salary of spouse |
Social Security benefits | Pension | Dividends | Taxable interest | Tax-exempt interest | Business income | Capital gains | Employer-provided health benefits | Other | Mortgage interest | State & local income or sales tax payments | State & local real estate (property) tax payments | Charitable contributions | College expenses | Student loan interest | Child care expenses | |||
For the principal taxpayer, all income from paid employment, including tips, bonuses, and the like. | For the spouse of the taxpayer, all income from paid employment, including tips, bonuses, and the like. | All benefits for retirees, survivors, and dependents. | Taxable portion of payments during retirement from plans (pension, 401(k), etc.) tied to previous employment. | Qualified dividends received. Enter nonqualified dividends as taxable interest income. | Interest received on savings accounts and other financial investments, other than tax-exempt interest. | Interest on instruments such as municipal bonds that is exempt from the federal individual income tax. | Net income from a sole proprietorship, partnership, S corporation, limited liability company, or other business. All net income will be treated as earned by the primary taxpayer for purposes of calculating self-employment payroll taxes. | Gains on assets held for longer than one year. Enter short-term capital gains as taxable interest income. | Income from all other taxable sources. | Mortgage interest paid on primary residence. | Income or sales tax payments (excluding property taxes) to state and local governments. | Real estate (property) tax payments to state and local governments. | Donations to charitable organizations or causes. | Expenses for postsecondary education (e.g., tuition, textbooks, and school fees) | Interest paid on student loans. | Child care expenses for all children under age 13. | |||||
Low | Income level $12,000 | Wage and salary $12,000.0 | Wage and salary of spouse $0.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $0.0 | Taxable interest $0.0 | Tax-exempt interest $0.0 | Business income $0.0 | Capital gains $0.0 | Employer-provided health benefits $1,600.0 | Other $0.0 | Mortgage interest $400.0 | State & local income or sales tax payments $1,600.0 | State & local real estate (property) tax payments $200.0 | Charitable contributions $0.0 | College expenses $0.0 | Student loan interest $100.0 | Child care expenses $0.0 | ||
Medium | Income level $26,200 | Wage and salary $26,200.0 | Wage and salary of spouse $0.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $0.0 | Taxable interest $0.0 | Tax-exempt interest $0.0 | Business income $0.0 | Capital gains $0.0 | Employer-provided health benefits $4,700.0 | Other $0.0 | Mortgage interest $600.0 | State & local income or sales tax payments $1,600.0 | State & local real estate (property) tax payments $300.0 | Charitable contributions $100.0 | College expenses $0.0 | Student loan interest $100.0 | Child care expenses $500.0 | ||
High | Income level $47,600 | Wage and salary $47,400.0 | Wage and salary of spouse $0.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $0.0 | Taxable interest $100.0 | Tax-exempt interest $0.0 | Business income $0.0 | Capital gains $100.0 | Employer-provided health benefits $8,200.0 | Other $0.0 | Mortgage interest $1,700.0 | State & local income or sales tax payments $1,700.0 | State & local real estate (property) tax payments $800.0 | Charitable contributions $900.0 | College expenses $0.0 | Student loan interest $100.0 | Child care expenses $600.0 | ||
Very High | Income level $151,700 | Wage and salary $139,900.0 | Wage and salary of spouse $0.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $1,900.0 | Taxable interest $300.0 | Tax-exempt interest $100.0 | Business income $7,300.0 | Capital gains $2,200.0 | Employer-provided health benefits $11,700.0 | Other $0.0 | Mortgage interest $6,900.0 | State & local income or sales tax payments $5,800.0 | State & local real estate (property) tax payments $4,600.0 | Charitable contributions $5,100.0 | College expenses $0.0 | Student loan interest $300.0 | Child care expenses $200.0 | ||
Highest | Income level $593,200 | Wage and salary $510,900.0 | Wage and salary of spouse $0.0 | Social Security benefits $0.0 | Pension $0.0 | Dividend $3,100.0 | Taxable interest $1,100.0 | Tax-exempt interest $900.0 | Business income $33,500.0 | Capital gains $43,700.0 | Employer-provided health benefits $10,000.0 | Other $0.0 | Mortgage interest $10,300.0 | State & local income or sales tax payments $26,100.0 | State & local real estate (property) tax payments $7,700.0 | Charitable contributions $2,900.0 | College expenses $0.0 | Student loan interest $0.0 | Child care expenses $200.0 |
Income | Expenses | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total income |
Wage and salary |
Wage and salary of spouse |
Social Security benefits | Pension | Dividends | Taxable interest | Tax-exempt interest | Business income | Capital gains | Employer-provided health benefits | Other | Mortgage interest | State & local income or sales tax payments | State & local real estate (property) tax payments | Charitable contributions | College expenses | Student loan interest | Child care expenses | |||
For the principal taxpayer, all income from paid employment, including tips, bonuses, and the like. | For the spouse of the taxpayer, all income from paid employment, including tips, bonuses, and the like. | All benefits for retirees, survivors, and dependents. | Taxable portion of payments during retirement from plans (pension, 401(k), etc.) tied to previous employment. | Qualified dividends received. Enter nonqualified dividends as taxable interest income. | Interest received on savings accounts and other financial investments, other than tax-exempt interest. | Interest on instruments such as municipal bonds that is exempt from the federal individual income tax. | Net income from a sole proprietorship, partnership, S corporation, limited liability company, or other business. All net income will be treated as earned by the primary taxpayer for purposes of calculating self-employment payroll taxes. | Gains on assets held for longer than one year. Enter short-term capital gains as taxable interest income. | Income from all other taxable sources. | Mortgage interest paid on primary residence. | Income or sales tax payments (excluding property taxes) to state and local governments. | Real estate (property) tax payments to state and local governments. | Donations to charitable organizations or causes. | Expenses for postsecondary education (e.g., tuition, textbooks, and school fees) | Interest paid on student loans. | Child care expenses for all children under age 13. | |||||
Low | Income level $40,400 | Wage and salary $9,900.0 | Wage and salary of spouse $500.0 | Social Security benefits $26,300.0 | Pension $2,800.0 | Dividend $300.0 | Taxable interest $400.0 | Tax-exempt interest $0.0 | Business income $0.0 | Capital gains $200.0 | Employer-provided health benefits $4,100.0 | Other $0.0 | Mortgage interest $200.0 | State & local income or sales tax payments $1,200.0 | State & local real estate (property) tax payments $1,600.0 | Charitable contributions $800.0 | College expenses $0.0 | Student loan interest $400.0 | Child care expenses $0.0 | ||
Medium | Income level $73,000 | Wage and salary $23,400.0 | Wage and salary of spouse $1,800.0 | Social Security benefits $25,000.0 | Pension $17,200.0 | Dividend $1,300.0 | Taxable interest $500.0 | Tax-exempt interest $200.0 | Business income $200.0 | Capital gains $3,400.0 | Employer-provided health benefits $5,000.0 | Other $0.0 | Mortgage interest $2,700.0 | State & local income or sales tax payments $1,800.0 | State & local real estate (property) tax payments $3,200.0 | Charitable contributions $2,300.0 | College expenses $0.0 | Student loan interest $100.0 | Child care expenses $0.0 | ||
High | Income level $139,700 | Wage and salary $69,300.0 | Wage and salary of spouse $4,100.0 | Social Security benefits $16,600.0 | Pension $43,900.0 | Dividend $1,900.0 | Taxable interest $600.0 | Tax-exempt interest $600.0 | Business income $1,200.0 | Capital gains $1,500.0 | Employer-provided health benefits $6,500.0 | Other $0.0 | Mortgage interest $4,200.0 | State & local income or sales tax payments $4,400.0 | State & local real estate (property) tax payments $4,100.0 | Charitable contributions $4,800.0 | College expenses $0.0 | Student loan interest $100.0 | Child care expenses $0.0 | ||
Very High | Income level $921,300 | Wage and salary $180,000.0 | Wage and salary of spouse $4,100.0 | Social Security benefits $34,300.0 | Pension $484,200.0 | Dividend $15,000.0 | Taxable interest $6,100.0 | Tax-exempt interest $5,400.0 | Business income $124,700.0 | Capital gains $67,500.0 | Employer-provided health benefits $5,100.0 | Other $0.0 | Mortgage interest $19,000.0 | State & local income or sales tax payments $28,300.0 | State & local real estate (property) tax payments $12,000.0 | Charitable contributions $17,700.0 | College expenses $0.0 | Student loan interest $800.0 | Child care expenses $0.0 | ||
Highest | Income level $3,934,800 | Wage and salary $983,300.0 | Wage and salary of spouse $18,100.0 | Social Security benefits $18,000.0 | Pension $684,300.0 | Dividend $104,000.0 | Taxable interest $85,400.0 | Tax-exempt interest $81,800.0 | Business income $1,407,200.0 | Capital gains $552,700.0 | Employer-provided health benefits $4,700.0 | Other $0.0 | Mortgage interest $13,900.0 | State & local income or sales tax payments $132,000.0 | State & local real estate (property) tax payments $32,600.0 | Charitable contributions $160,400.0 | College expenses $0.0 | Student loan interest $400.0 | Child care expenses $0.0 |