Investment Planning

Maximum tax on long-term capital gains and qualified dividends

0% rate applies (taxable income thresholds)	2023	2024
Single	Up to $44,625	Up to $47,025
Married filing jointly	Up to $89,250	Up to $94,050
Married filing separately	Up to $44,625	Up to $47,025
Head of household	Up to $59,750	Up to $63,000

15% rate applies (taxable income thresholds)	2023	2024
Single	$44,625 to $492,300	$47,025 to $518,900
Married filing jointly	$89,250 to $553,850	$94,050 to $583,750
Married filing separately	$44,625 to $276,900	$47,025 to $291,850
Head of household	$59,750 to $523,050	$63,000 to $551,350

20% rate applies (taxable income thresholds)	2023	2024
Single	Over $492,300	Over $518,900
Married filing jointly	Over $553,850	Over $583,750
Married filing separately	Over $276,900	Over $291,850
Head of household	Over $523,050	Over $551,350

Unearned income Medicare contribution tax ("net investment income tax")

Amount of tax	2023	2024
Tax percentage	3.80%	3.80%

Applies to lesser of (a) net investment income or (b) modified adjusted gross income exceeding:	2023	2024
Individuals	$200,000	$200,000
Married filing jointly	$250,000	$250,000
Married filing separately	$125,000	$125,000

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Securities offered through Securities America, Inc., Member FINRA/SIPC. Roger M. Smedley, CFP^®, Sharla J. Jessop, CFP^®, James R. Derrick, CFA, Mikal B. Aune, CFP^®,Jordan R. Hadfield, CFP^®, and Shane P. Thomas, Registered Representatives and Registered Investment Advisor Representatives of Smedley Financial Services, Inc.^®Smedley Financial Services, Inc.^®, and Securities America, Inc. are separate entities. Securities America and its representatives do not provide tax or legal advice. Please consult the appropriate professionals regarding your personal situation.