2021년 변경(2022년 5월 이후 시험 반영)

2021년 교재로 공부하시는 분들을 위한 변경내용입니다. 2022년 5월이후에 응시하실분들은 다음 변경내용에 유의하시기 바랍니다. (교재 page 표지는 2021년중에 교재 구입하신분의 교재 page입니다.)

  • MFJ의 표준공제 금액이 작년도 금액에서 $300이 상향조정된 $25,100 이 되었습니다. single과 MFS는 $150이 상향 조정된 $12,550 , heads of household는 $150이 상향 조정된 $18,800이 되었습니다. (page 16)
     
  • 개인 소득 세율을 다음과 같이 조정되었습니다 (page 13)
     
    • 35%, for incomes over $209,425 ($418,850 for married couples filing jointly);
    • 32% for incomes over $164,925 ($329,850 for married couples filing jointly);
    • 24% for incomes over $86,375 ($172,750 for married couples filing jointly);
    • 22% for incomes over $40,525 ($81,050 for married couples filing jointly);
    • 12% for incomes over $9,950 ($19,900 for married couples filing jointly).
    • The lowest rate is 10% for incomes of single individuals with incomes of $9,950 or less ($19,900 for married couples filing jointly).

       
  • The Alternative Minimum Tax exemption amount for tax year 2021 is $73,600 and begins to phase out at $523,600 ($114,600 for married couples filing jointly for whom the exemption begins to phase out at $1,047,200). The 2020 exemption amount was $72,900 and began to phase out at $518,400 ($113,400 for married couples filing jointly for whom the exemption began to phase out at $1,036,800).
     (page 142)
  • The tax year 2021 maximum Earned Income Credit amount is $6,728 for qualifying taxpayers who have three or more qualifying children, (up from a total of $6,660 for tax year 2020). (page 128)
     
  • For tax year 2021, the monthly limitation for the qualified transportation fringe benefit remains $270, as is the monthly limitation for qualified parking. (page 71)
  • For the taxable years beginning in 2021, the dollar limitation for employee salary reductions for contributions to health flexible spending arrangements remains $2,750. For cafeteria plans that permit the carryover of unused amounts, the maximum carryover amount is $550, an increase of $50 from taxable years beginning in 2020. (page 84)
     
     
  • 교육비 세액공제 관련 the adjusted gross income amount used by joint filers to determine the reduction in the Lifetime Learning Credit is $119,000, up from $118,000 for tax year 2020. (page 123)
     
  • For tax year 2021, the foreign earned income exclusion is $108,700 up from $107,600 for tax year 2020. (page 115)
     
  • Estates of decedents who die during 2021 have a basic exclusion amount of $11,700,000, up from a total of $11,580,000 for estates of decedents who died in 2020. (page 219)
     
  • The annual exclusion for gifts is $15,000 for calendar year 2021, as it was for calendar year 2020. (page 230)
     
  • For tax years beginning in 2021, § 6039F authorizes the Treasury Department and the Internal Revenue Service to require recipients of gifts from certain foreign persons to report these gifts if the aggregate value of gifts received in the tax year exceeds $16,815. (page 233)
     
  • The maximum credit allowed for adoptions for tax year 2021 is the amount of qualified adoption expenses up to $14,440, up from $14,300 for 2020. (page 127)
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$2,000 CTC (current)2021 CTC (new)
Age of childChildren age 16 and under can qualify for the creditChildren age 17 and under can qualify for the credit
Credit Amount$2,000 per child$3,000 per child and $3,600 for children under the age of 6
Refund AmountUp to $1,400 per child is refundableFully refundable
IncomeYou must have earned income more than $2,500 to qualify for the refundable part of the creditNo income requirement, you can have zero income and still qualify for the full credit amount per child
Advance PaymentsNo advance paymentsPeriodic advance payments between July to December 2021
Phase Out RateThe CTC amount will start to decrease at $200,000 for single filers and heads of households ($400,000 for married couples)The CTC amount will start to decrease at $75,000 for single filers ($150,000 for married couples and $112,500 for heads of households)

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