Download presentation
Presentation is loading. Please wait.
1
Updates to Tables Chapter 17 pp. 681-710
2012 National Income Tax Workbook™
2
Rev. Proc 2013 estimates in Chapter 17 for kiddie tax, savings bonds, Archer medical savings accounts, and long-term care premiums are correct Estate and gift taxes: Form 706 credit amount on page 694 is a typographical error ─ $345,000 should be $345,800
3
Rev. Proc The 2013 maximum foreign earned income exclusion is $97,600 The gift tax exclusion for gifts to a spouse who is not a U.S. citizen is $143,000 Gifts from abroad must be reported if the aggregate value exceeds $15,102
4
Retirement Plans: 2013 Contribution Limits p. 707
SIMPLE $12,000 457 $17,500 401(k), 403(b), etc. $17,500 Defined Contribution $51,000 Defined Benefit $205,000 Compensation Limit $255,000 Catch-up limits are same as in 2012
5
Updates on Website See for more updates, to be posted as IRS releases them User name: class2012 Password: class2012
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.