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If Taxable Income Is: The Tax Is: Not over $2,900 10% of the taxable income Over $2,900 but $290 plus 24% of not over $10,550 the excess over $2,900 Over $10,550 but $2,126 plus 35% of not over $14,450 the excess over $10,550 Over $14,450 $3,491 plus 37% of

the excess over $14,450 .02 Unearned Income of Minor Children Subject to the “Kiddie Tax”. For taxable years beginning in 2023, the amount in § 1(g)(4)(A)(ii)(I), which is used to reduce the net unearned income reported on the child’s return that is subject to the “kiddie tax,” is $1,250. This $1,250 amount is the same as the amount provided in § 63(c)(5)(A), as adjusted for inflation. The same $1,250 amount is used for purposes of § 1(g)(7) to determine whether a parent may elect to include a child’s gross income in the parent’s gross income and to calculate the “kiddie tax.” For example, one of the requirements for the parental election is that a child’s gross income is more than the amount referenced in § 1(g)(4)(A)(ii)(I) but less than 10 times that amount; thus, a child’s gross income for 2023 must be more than $1,250 but less than $12,500. .03 Maximum Capital Gains Rate (§1(h), §1(j)(5)). For taxable years beginning in 2023, the maximum zero rate amounts and maximum 15 percent rate amounts under § 1(j)(5)(B) are as follows: Filing Status

Maximum Zero Rate Amount Maximum15% Rate Amount

Married Individuals Filing Joint Returns and Surviving Spouse

$89,250 $553,850 Married Individuals Filing Separate Returns $44,625 $276,900