IRS Issues Corrections to 2013 Tax Tables – Los Angeles Income Tax Planning and Income Tax Litigator Attorney Bruce Givner

by Bruce Givner on March 5, 2013

Less than a month into the 2012 tax reporting season, the Internal Revenue Service (IRS) has issued corrections to two of the 2013 tax tables it issued on Jan. 11. Rev. Proc. 2013-15. The corrections involve Tables 1 and 2 and are incorporated into the revised revenue procedure.

In Table 1, Married Individuals Filing Joint Returns and Surviving Spouses, the sixth entry in the “The Tax Is:” column was corrected to read “$107,768.50 plus 35% of the excess over $398,350.” Originally, it read “$107,768.00 plus 35% of the excess over $398,350.”

In Table 2, Head of Households, the seventh entry in the “The Tax Is:” column was corrected to read “$121,364.50 plus 39.6% of the excess over $425,000.” Originally, it read “$121,394.50 plus 39.6% of the excess over $425,000.”

Givner & Kaye focuses on sophisticated income tax planning and compliance, tax litigation and procedure, estate planning, and asset protection plans for individuals and businesses in Beverly Hills, Calabasas, West Los Angeles, Hollywood, and other areas of Los Angeles, Orange, Ventura, San Bernardino, Riverside and Santa Barbara Counties. Call Los Angeles Estate Planning and Asset Protection Plan Attorneys Givner & Kaye at (310) 207-8008 today.

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