Honu Wealth Management
Garth A Williams, MBA, CFP®
Financial Advisor
1307 S Mary Ave, Suite 101
Sunnyvale, CA 94087
650-917-3400
garth@honuwealth.com
www.HonuWealth.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


This information was developed by Forefield, Inc. an independent third party. It is general in nature, is not a complete statement of all information necessary for making an investment decision, and is not a recommendation or a solicitation to buy or sell any security. Investments and strategies mentioned may not be suitable for all investors. Past performance may not be indicative of future results.

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