Tax Guru – Ker$tetter Letter

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2009 Tax Rates

Posted by taxguru on September 17, 2008

As has been the case for the past several years, CCH has been the quickest to use the August 31, 2008 CPI figures to calculate the Federal tax brackets that will be in use for 2009 1040s.

As I had been predicting, the cumulative increase in the CPI since the last bump in the annual gift tax exclusion was enough to increase it to $13,000 for 2009.

Hurricane Ike clobbered our area; so I’m running further behind than normal; but will try to set up my own page with the 2009 schedules as soon as I can.

Update: The new 2009 figures have been posted on my main website.

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