Individual Income Tax
JESUS said in Matthew 22:21, “Render unto Caesar what is Caesar’s...”
and we add “...BUT NOT A PENNY MORE!”
and we add “...BUT NOT A PENNY MORE!”
No trips to the Post Office! No trips to the Bank!
See us for Electronic Filing – get your entire refund in 8-15 days deposited directly into your bank account.
[NOTE: we are not permitted to deduct our fee from your refund]
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BEWARE — IDENTITY THIEVES HAVE MOVED ON LINE!
The IRS will never contact you by e-mail — it relies on the US Postal Service for important taxpayer communications. So if you do get an e-mail from “the IRS” IGNORE IT! If that email has an attached PDF to download and fill out, JUNK IT immediately! If you download the form, you could end up with malware or spyware on your computer. More about protecting your identity...
Download Our “Things to Bring List” for Individuals
See Our list of Important Deadlines
Standard Mileage Rates in cents per mile | ||||
2019 | 2020 | 2021 | ||
Business | 58¢ | 57½¢ | 56¢ | |
Medical or Moving | 20¢ | 17¢ | 16¢ | |
Charity | 14¢ | 14¢ | 14¢ |
Maximum Wages Subject to Social Security Tax | ||
2019 | 2020 | 2021 |
$132,900.00 | $137,760.00 | $142,800.00 |
Maximum Contributions to Retirement Plans | ||||||
Under Age 50 | Age 50 or Older | |||||
2019 | 2020 | 2021 | 2019 | 2020 | 2021 | |
IRA (Roth or Traditional) | $6,000.00 | $6,000.00 | $6,000.00 | $7,000.00 | $7,000.00 | $7,000.00 |
401(k) employee | $19,000.00 | $19,500.00 | $19,500.00 | $25,000.00 | $26,000.00 | $26,000.00 |
SIMPLE IRA employee | $13,000.00 | $13,500.00 | $13,500.00 | $16,000.00 | $16,500.00 | $16,500.00 |
2019 | 2020 | 2021 | |
SEP IRA – 25% of wages up to: | $56,000.00 | $57,000.00 | $58,000.00 |
Maximum Contributions to Health Savings Accounts (HSA's) | ||||||
Under Age 50 | Age 50 or Older | |||||
2019 | 2020 | 2021 | 2019 | 2020 | 2021 | |
Self Plan | $3,500.00 | $3,550.00 | $3,600.00 | $4,500.00 | $4,550.00 | $4,600.00 |
Family Plan | $7,000.00 | $7,100.00 | $7,200.00 | $8,000.00 | $8,100.00 | $8,200.00 |
Maximum Earnings for Social Security Recipients who have not reached Full Retirement Age |
||||
(earnings over this amount result in a decrease in benefits) | ||||
2019 | 2020 | 2021 | ||
Before Full Retirement Age | $17,640.00 | $18,240.00 | $18,960.00 | |
In the Year Full Retirement Age is Reached | $46,920.00 | $48,600.00 | $50,250.00 |
Let us your return with direct deposit to your bank and get 100% of your refund in 8-15 days.
The contents of all material available on this Internet site are provided as a free service, intended to provide useful information for the firm’s clients, business associates and other interested persons. While John M Sabatino, CPA, P.C. makes every effort to present accurate and reliable information on this Internet site, John M Sabatino, CPA, P.C. does not guarantee the accuracy, completeness, efficacy, timeliness or correct sequencing of such information. Use of such information is voluntary, and reliance on it should be undertaken only after assuring its accuracy, completeness, usefulness and timeliness.