CUV Youth Sites: Tax Planning

Single
Income	Federal Tax Rate
$0-$10,275	10%
$10,276-$41,775	12%
$41,776-$89,075	22%
$89,076-$170,050	24%
$170,051-$215,950	32%
$215,951-$569,900	35%
$539,901+	37%

Head of Household
Income	Federal Tax Rate
$0-$14,650	10%
$14,651-$55,900	12%
$55,901-$89,050	22%
$89,051-$170,050	24%
$180,051-$215,950	32%
$215,951-$539,900	35%
$539,901+	37%

Married, Filing Jointly
Income	Federal Tax Rate
$0-$20,550	10%
$20,551-$83,550	12%
$83,551-$178,150	22%
$178,151-$340,100	24%
$340,100-$431,900	32%
$431,901-$647,850	35%
$647,851+	37%

Married, Filing Separately
Income	Federal Tax Rate
$0-$10,275	10%
$10,276-$41,775	12%
$41,776-$89,075	22%
$89,076-$170,050	24%
$170,051-$245,950	32%
$215,951-$323,925	35%
$323,926+	37%

Type	Residence	Tuition & Fees	With Room & Board
Public 4yr	Residence: In-state	Tuition & Fees: $10,740	With Room & Board: $22,690
Public 4yr	Residence: Out-of-State	Tuition & Fees: $27,560	With Room & Board: $39,510
Public 2yr	Residence: In-State	Tuition & Fees: $3,800	With Room & Board: $13,130
Private 4yr	Residence: N/A	Tuition & Fees: $38,700	With Room & Board: $51,690

Inflation		2.9%
U.S. Treasury Bills		3.3%
Long-Term Government Bonds		5.7%
U.S. Large-Company Stocks		10.3%
U.S. Small-Company Stocks		11.8%

Year	Inflation Rate
2012		2.1%
2013		1.5%
2014		1.6%
2015		0.1%
2016		1.3%
2017		2.1%
2018		2.4%
2019		1.8%
2020		1.2%
2021		4.7%

Source: U.S. Department of Labor

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Tax Planning Center

Your Year-End Tax Planning Checklist: What to Review Before December 31
Use this year-end tax planning checklist to review your withholding, retirement savings, charitable giving, and other finances before December 31.
Is Tax Planning Worth It If My Income Is Simple?
Think tax planning is only for high earners? Learn why even people with simple finances can benefit from year-round tax planning and preparation.