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Over $111,525 but $24,959.75 plus 33% of not over $199,175 the excess over $111,525 Over $199,175 but $53,884.25 plus 35% of not over $225,000 the excess over $199,175 Over $225,000 $62,923 plus 39.6% of

the excess over $225,000 TABLE 5 - Section 1(e) – Estates and Trusts If Taxable Income Is: The Tax Is: Not over $2,450 15% of the taxable income Over $2,450 but $367.50 plus 25% of not over $5,700 the excess over $2,450 Over $5,700 but $1,180 plus 28% of not over $8,750 the excess over $5,700 Over $8,750 but $2,034 plus 33% of not over $11,950 the excess over $8,750 Over $11,950 $3,090 plus 39.6% of

the excess over $11,950 .02 Adoption Credit. For taxable years beginning in 2013, under § 23(a)(3) the credit allowed for an adoption of a child with special needs is $12,970. For taxable years beginning in 2013, under § 23(b)(1) the maximum credit allowed for other adoptions is the amount of qualified adoption expenses up to $12,970. The available adoption credit begins to phase out under § 23(b)(2)(A) for taxpayers with modified adjusted gross income in excess of $194,580 and is completely phased out for taxpayers with modified adjusted gross income of $234,580 or more. (See section 3.10 of this revenue procedure for the adjusted items relating to adoption assistance programs.) .03 Child Tax Credit. For taxable years beginning in 2013, the value used in