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Aktuelle Version vom 20. Mai 2026, 21:40 Uhr

Note: This writer is actually a CPA or tax professional. This article is for general information purposes, and really should not be construed as tax professional guidance. Readers are strongly inspired to consult their tax professional regarding their personal tax situation.

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Congress finally acted on New Year's Day, passing the "fiscal cliff" law. This law extended the existing tax rate structure for single taxpayers with taxable income of less than USD 400,000, and married taxpayers with taxable income of less than USD 450,000. For individuals with higher incomes, the top tax rate was increased to 22.6% These limits are determined prior to the foreign earned income different.

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