Partially a product of our two day seminar last week and in part from our commencement of planning for our 2018 tax planning, we wanted to present the following chart for our collective reference.
It is busy due to a fair amount of old tax laws remaining in place.
2018 Total Tax Table
Trust Tax Rates Basically the Same
Be sure to funnel excess income overages from Trusts out of the Trust into a lower tax bracket if at all possible.
This is a fantastic starting place for our 2018 Tax Planning discussions.
Have a Great “2018 Tax Rate” Day!
John A. Kvale CFA, CFP