What is the AMT exemption amount for 2015?

The AMT exemption amount for 2015 is $53,600 for singles and $83,400 for married couple filing jointly (Table 5). Source: Author’s calculations.

Can i e-file a 2015 tax return?

2015 tax returns cannot currently be E-Filed. You may still prepare a 2015 tax return online to file by mail.

What is the personal exemption amount for 2015?

The personal exemption for 2015 be $4,000. Source: Author’s calculations. PEP and Pease are two provisions in the tax code that increase taxable income for high-income earners. PEP is the phaseout of the personal exemption and Pease (named after former Senator Donald Pease) reduces the value of most itemized deductions once

Can I use TT software to file a 2015 tax return?

You can try filing the 2015 return. You will not be able to use TT software—that software is no longer available. You can prepare the return yourself using the instructions and paper forms. **Disclaimer: Every effort has been made to offer the most correct information possible.

What are the 2015 tax brackets and rates?

In 2015, the income limits for all brackets and all filers will be adjusted for inflation and will be as seen in Table 1. The top marginal income tax rate of 39.6 percent will hit taxpayers with taxable income of $413,200 and higher for single filers. and $464,850 and higher for married filers. Table 1. 2015 Taxable Income Brackets and Rates. Rate.

What is the standard deduction for 2015 for Married Filing Jointly?

The standard deduction will increase by $100 from $6,200 to $6,300 for singles (Table 2). For married couples filing jointly, it will increase by $200 from $12,400 to $12,600. The personal exemption for 2015 be $4,000. Source: Author’s calculations.