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ISSUE 7
Federal 2025 Tax Rates and Calculations Basic Rates (Individual):
37%, 35%, 32%, 24%, 22%, 12% To figure withholding from methods published in IRS P For withholding on supplem flat rate of 22% (up to $1 mi Short-Term Capital Gains (a Long-Term Capital Gains (a OASDI: 6.2% of taxable wag HI/Medicare: 1.45% of taxab on employee wages in exce The tax rate for employers ( employers can credit state obligation to 0.6%.
Capital Gains Rates:
Social Tax Rates:
Unemployment Taxes:
Federal 2025 Limits and Thresholds Qualified Retirement Plan Deferral Limits: Section 401(k), 403(b), and 457(e)(15) plans $23,500 General additional allowed amounts for those over 50 to “catch-up” $7,500 Catch-up limit for those attaining age 60, 61, 62, or 63 in 2025 $11,250 Maximum annual addition to defined contribution plans $70,000 Roth Plan Catch-Up Wage Threshold: $145,000 SIMPLE 401(k) plans:
$16,500; $17,600 for certain $3,500 catch-up; $3,850 for $5,250 catch-up age 60, 61,
Compensation Limit for Qualified Plans:
$350,000 $140,000 $160,000 $230,000
Control Employee Threshold:
Highly Compensated Employee Threshold Key Employee (Top-Heavy Plan) Threshold Foreign-Earned Income Exclusion Limit:
$130,000 if qualified under
Maximum Exclusion for Health Flexible Spending Arrangement (FSA): Contribution Limits to Health Savings Accounts (HSA):
$3,300
$4,300 (individual coverage
Maximum Monthly Tax-Free Transportation Benefit: $325 for qualified transit, va 2025 Travel Exclusions (October 2024 through September 20 High-Low Substantiation Method Per Diem:
$319 for travel to any desi continental U.S (CONUS) $225 for travel to all other lo
Standard General Services Administration Per Diem: $178 for travel to standard a areas have higher allowed p Travel maximums outside of CONUS are set monthly by the U.S. State Department
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