ATRA Flashcards
1
Q
The highest individual income tax rate after ATRA was enacted.
A
39.6%
2
Q
The estate tax exclusion after ATRA was enacted.
A
$5m (to be adjusted for inflation).
3
Q
Income level at which highest tax bracket starts for married couples filing jointly.
A
$450,000 (to be adjusted for inflation).
4
Q
The highest capital gains tax rate after ATRA.
A
20%