2008 Income Tax Rates, Phaseouts, Limits, etc.
Tax Rates
|
Phaseouts
|
Limits and Other Information
Personal Exemption Phaseout
| |
Adjusted Gross Income |
| |
Phaseout Begins |
Phaseout Maximum |
| Single |
$159,950 |
$282,450 |
| Head of Household |
$199,950 |
$322,450 |
| Married Joint |
$239,950 |
$362,450 |
| Married Separate |
$119,975 |
$181,225 |
Child Tax Credit Phaseout
| |
Mod. Adjusted Gross Income |
| |
Phaseout Begins |
Phaseout Maximum |
| Single |
$75,000 |
$95,000 |
| Head of Household |
$75,000 |
$95,000 |
| Married Joint |
$110,000 |
$130,000 |
| Married Separate |
$55,000 |
$75,000 |
Itemized Deductions Phaseout
| Phaseout Begins |
Adj. Gross Inc. |
| All EXCEPT Married Separate |
$159,950 |
| Married Separate |
$79,975 |
|
|
