Dushyant Pandit
dpandit@dorchesteradvisors.com
 
 




2020 Key Numbers

 

Investment Planning

Maximum tax on long-term capital gains and qualified dividends

0% rate applies (taxable income thresholds)20192020
SingleUp to $39,375 Up to $40,000
Married filing jointlyUp to $78,750Up to $80,000
Married filing separatelyUp to $39,375Up to $40,000
Head of householdUp to $52,750 Up to $53,600
15% rate applies (taxable income thresholds)20192020
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)20192020
SingleOver $434,550 Over $441,450
Married filing jointlyOver $488,850Over $496,600
Married filing separatelyOver $244,425Over $248,300
Head of householdOver $461,700Over $469,050

Unearned income Medicare contribution tax ("net investment income tax")

Amount of tax20192020
Tax percentage3.80%3.80%
Applies to lesser of (a) net investment income or (b) modified adjusted gross income exceeding:20192020
Individuals$200,000$200,000
Married filing jointly $250,000$250,000
Married filing separately$125,000$125,000


Dorchester Advisors is a Registered Investment Advisor in NJ and NY. This communication is strictly intended for individuals residing in the state(s) of NJ and NY. No offers may be made or accepted from any resident outside the specific states referenced.

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2019.