January 1, 2022

Annual Federal Update

General

  • 2021 CPI-U and chained CPI-U

Federal Tax

  • 2022 Income Tax Brackets
  • 2022 Standard Deduction
  • 2022 Taxable Income Limits for incorporating Capital Gains taxes
  • 2022 AMT Thresholds
  • 2022 Child Tax Credit
  • 2022 Earned Income Credit
  • 2022 Medicare B premium and income brackets

Social Security

  • 2022 Contribution and Benefit Base
  • 2022 Earnings required for a quarter of coverage
  • 2021 COLA
  • 2021 Retirement Earnings Test Annual Exempt Amounts
  • 2021 WEP Substantial Earnings
  • 2021 Real wage Differential
  • 2020 Average Wage Index