 |  | | | | | Investment PlanningMaximum tax on long-term capital gains
and qualified dividends| 0% rate applies (taxable income thresholds) | 2019 | 2020 |
|---|
| Single | Up to $39,375
| Up to $40,000
| | Married filing jointly | Up to $78,750 | Up to $80,000 | | Married filing separately | Up to $39,375 | Up to $40,000
| | Head of household | Up to $52,750
| Up to $53,600
|
| 15% rate applies (taxable income thresholds) | 2019 | 2020 |
|---|
| Single | $39,376 to $434,550
| $40,000
to $441,450 | | Married filing jointly | $78,751 to $488,850 | $80,000 to $496,600 | | Married filing separately | $39,376 to $244,425 | $40,000
to $248,300 | | Head of household | $52,751 to $461,700
| $53,600 to $469,050
|
| 20% rate applies (taxable income thresholds) | 2019 | 2020 |
|---|
| Single | Over $434,550
| Over $441,450 | | Married filing jointly | Over $488,850 | Over $496,600 | | Married filing separately | Over $244,425 | Over $248,300 | | Head of household | Over $461,700 | Over $469,050 |
Unearned income Medicare contribution tax
("net investment income tax")| Amount of tax | 2019 | 2020 |
|---|
| Tax percentage | 3.80% | 3.80% |
| Applies to lesser of (a) net investment income or (b) modified adjusted gross income exceeding: | 2019 | 2020 |
|---|
| Individuals | $200,000 | $200,000 | | Married filing jointly | $250,000 | $250,000 | | Married filing separately | $125,000 | $125,000 |
|
| | | | | Eggert Financial Management, Inc. is an Investment Advisory firm regulated by the State of Colorado. | | Prepared by Broadridge Advisor Solutions Copyright 2019. |
| |
