We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Early planning trims 1991 taxes.
- Authors
Komlyn, Anthony M.
- Abstract
The article discusses the personal tax structure in the U.S. for 1991. The top tax rate in the U.S. is 31% and it applies to taxable incomes over $82,150 for those taxpayers that are married and filing together as well as incomes of $49,300 for single taxpayers. Long-term capital gains are taxed at a maximum of 28% with an alternative minimum tax rate of 24%. Personal exemptions deductions for taxpayers are lost at 2% for each $2,500 or a fraction of it by which their adjusted gross income surpasses threshold amounts.
- Subjects
UNITED States; TAXATION; TAX planning; INCOME tax; TAXATION of married people; TAXPAYER compliance; ALTERNATIVE minimum tax
- Publication
Financial Executive, 1991, Vol 7, Issue 4, p8
- ISSN
0895-4186
- Publication type
Article