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SECTION 2. CHANGES Section 402(b) of Div. O of the Further Consolidated Appropriation Act, 2020, Pub. L. 116-94, 133 Stat. 2534 (Dec. 22, 2019), increased the amount of the minimum addition to tax under § 6651(a) for failure to file a tax return within 60 days of the due date of such return (determined with regard to any extensions of time for filing). For returns the due date for which (including extensions) is after December 31, 2019, the amount of the addition to tax shall not be less than the lesser of $435 (increased from $330) or 100 percent of the amount required to be shown as tax on such returns. Additionally, the $435 amount is adjusted for inflation in accordance with § 6651(j). SECTION 3. 2021 ADJUSTED ITEMS .01 Tax Rate Tables. For taxable years beginning in 2021, the tax rate tables under § 1 are as follows: TABLE 1 - Section 1(j)(2)(A) - Married Individuals Filing Joint Returns and Surviving Spouses If Taxable Income Is: The Tax Is: Not over $19,900 10% of the taxable income Over $19,900 but $1,990 plus 12% of not over $81,050 the excess over $19,900 Over $81,050 but $9,328 plus 22% of not over $172,750 the excess over $81,050 Over $172,750 but $29,502 plus 24% of not over $329,850 the excess over $172,750 Over $329,850 but $67,206 plus 32% of not over $418,850 the excess over $329,850 Over $418,850 but $95,686 plus 35% of not over $628,300 the excess over $418,850

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Official source

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SECTION 2. CHANGES Section 402(b) of Div. O of the Further Consolidated Appropriation Act, 2020, Pub. L. 116-94, 133 Stat. 2534 (Dec. 22, 2019), increased the amount of the minimum addition to tax under § 6651(a) for failure to file a tax return within 60 days of the due date of such return (determined with regard to any extensions of time for filing). For returns the due date for which (including extensions) is after December 31, 2019, the amount of the addition to tax shall not be less than the lesser of $435 (increased from $330) or 100 percent of the amount required to be shown as tax on such returns. Additionally, the $435 amount is adjusted for inflation in accordance with § 6651(j). SECTION 3. 2021 ADJUSTED ITEMS .01 Tax Rate Tables. For taxable years beginning in 2021, the tax rate tables under § 1 are as follows: TABLE 1 - Section 1(j)(2)(A) - Married Individuals Filing Joint Returns and Surviving Spouses If Taxable Income Is: The Tax Is: Not over $19,900 10% of the taxable income Over $19,900 but $1,990 plus 12% of not over $81,050 the excess over $19,900 Over $81,050 but $9,328 plus 22% of not over $172,750 the excess over $81,050 Over $172,750 but $29,502 plus 24% of not over $329,850 the excess over $172,750 Over $329,850 but $67,206 plus 32% of not over $418,850 the excess over $329,850 Over $418,850 but $95,686 plus 35% of not over $628,300 the excess over $418,850