Tax Law changes - 2013

1 0.9% Medicare Surtax on Earned Income 2 2018-Ordinary Income Tax Rates 3 3.8% Surtax on Investment Income - Calculation Formula 4 3.8% Surtax Tax on Investment Income 5 401(k), 403(b), 457 and TSP plans - Maximum 2013 Contribution limits 6 Adoption Credit - 2013 7 Alternative Minimum Tax Exemption Amounts 8 Capital Gains & Dividend Rates - 2013 9 Earned Income Credit - Maximum amount - 2013 10 Estate - Unified Credit - 2013 11 Flexible Spending Accounts 12 Foreign earned income exclusion 13 Gift Tax 14 Home Office Deduction - Simplified Method - 2013 15 Itemized Deduction Phaseout - 2013 16 Kiddie Tax 17 Lifetime Learning Credit Phaseout - 2013 18 Medical Itemized deductions 19 Net Investment Income - Definition - 3.8% Surtax 20 Personal Exemption Phaseout - 2013 21 Personal Exemptions - 2013 22 Retirement Plans Maximum Limitations - 2013 23 Sale of Residence - 3.8% Surtax? 24 Simplified Option for Claiming Home Office Deduction 25 Social Security - Mailing of Paper checks to end 26 Standard deduction - 2013 27 Tax Rates - 2013 28 Teacher's deduction