Your 2020 Tax Fact Sheet and Calendar
Bookmark this guide to stay abreast of the tax-related dates and data that should be on your radar this year.
As 2020 dawns, the changes to the tax code are more evolutionary than revolutionary. Most of the changes amount to tweaks to income or contribution limits, reflective of the effects of inflation in various provisions within the tax code.
Here are key tax-related dates and data points to have on your radar for the year ahead.
2020 Important Tax Facts for All Taxpayers
Income Tax Brackets: Seven tax brackets remain, but the specific parameters have changed, as follows: