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Joint Returns or Surviving Spouses

$114,600 Unmarried Individuals (other than Surviving Spouses) $73,600

Married Individuals Filing Separate Returns $57,300 Estates and Trusts

$25,700 For taxable years beginning in 2021, under § 55(b)(1), the excess taxable income above which the 28 percent tax rate applies is:

Married Individuals Filing Separate Returns $99,950

Joint Returns, Unmarried Individuals (other than surviving spouses), and Estates and Trusts $199,900

For taxable years beginning in 2021, the amounts used under § 55(d)(2) to determine the phaseout of the exemption amounts are:

Threshold Complete

Phaseout amount Phaseout amount

Joint Returns or Surviving Spouses $1,047,200 $1,505,600 Unmarried Individuals (other than $523,600 $818,000 Surviving Spouses)

Married Individuals Filing Separate $523,600 $752,800 Returns Estates and Trusts $85,650 $188,450 .13 Alternative Minimum Tax Exemption for a Child Subject to the "Kiddie Tax." For taxable years beginning in 2021, for a child to whom the § 1(g) "kiddie tax" applies, the exemption amount under §§ 55(d) and 59(j) for purposes of the alternative minimum tax under § 55 may not exceed the sum of (1) the child's earned income for the taxable year, plus (2) $7,950. .14 Certain Expenses of Elementary and Secondary School Teachers. For taxable years beginning in 2021, under § 62(a)(2)(D) the amount of the deduction allowed under