Tax Planning

2020 Taxable Income 2020 Marginal Tax Rates
Regular Income Capital
Gains
Dividends
Public Private
first $44,740 20.05% 10.03% -6.86% 9.24%
over $44,740 up to $48,535 24.15% 12.08% -1.20% 13.95%
over $48,535 up to $78,783 29.65% 14.83% 6.39% 20.28%
over $78,783 up to $89,482 31.48% 15.74% 8.92% 22.38%
over $89,482 up to $92,825 33.89% 16.95% 12.24% 25.16%
over $92,825 up to $97,069 37.91% 18.95% 17.79% 29.78%
over $97,069 up to $150,000 43.41% 21.70% 25.38% 36.10%
over $150,000 up to $150,473 44.97% 22.48% 27.53% 37.90%
over $150,473 up to $214,368 48.19% 24.09% 31.97% 41.60%
over $214,368 up to $220,000 51.97% 25.98% 37.19% 45.95%
over $220,000 53.53% 26.76% 39.34% 47.74%