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Quick Reference 2027

Single 2027

From To Rate Marginal Tax Total Tax
0 12,800 10% 1,280 1,280
12,801 52,025 12% 4,707 5,987
52,026 109,125 22% 12,562 18,549
109,126 208,325 24% 23,808 42,357
208,326* 264,550 32% 17,992 60,349
264,551 661,375 35% 138,889 199,238
661,376 forever 37%

Married Filing Jointly 2027

From To Rate Marginal Tax Total Tax
0 25,600 10% 2,560 2,560
25,601 104,050 12% 9,414 11,974
104,051 218,250 22% 25,124 37,098
218,251 416,650 24% 47,616 84,714
416,651* 529,100 32% 35,984 120,698
529,101 793,650 35% 92,593 213,291
793,651 forever 37%

* Start of Section 199A qualified business income phaseout for small business owners.

Standard Deduction Single 16,600
Standard Deduction Married Filing Joint 33,200
Social Security Wage Limit 192,300
IRA Contribution Limit 7,500 + 1,100 catch-up
Roth Income Phaseout Begins Single 158,000
Roth Income Phaseout Begins Married Filing Joint 250,000
401k Employee 25,500 + 8,500 catch-up**
401k Employer 49,500
Max 401k Total 75,000 + 8,500 catch-up**

** Ages 60 through 63 get a super catch-up of 11,750 instead of the 8,500.

Jason Watson, CPA, is a Partner and the CEO of WCG CPAs & Advisors, a boutique yet progressive tax, accounting and business consultation firm headquartered in Colorado Springs, Colorado. With 7 partners and 110 incredible professionals across offices in Colorado, South Dakota, Wyoming and India, WCG serves small business owners, real estate investors and taxpayers worldwide.

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Taxpayer’s Comprehensive Guide to LLCs and S Corps 2025 Edition

Taxpayer’s Comprehensive Guide to LLCs and S Corps 2025 EditionThis KB article is an excerpt from our 420+ page book (some picture pages, but no scatch and sniff) which is available in paperback from Amazon, as an eBook for Kindle and as a PDF from ClickBank. We used to publish with iTunes and Nook, but keeping up with two different formats was brutal. You can cruise through these KB articles online, click on the fancy buttons below or visit our webpage which provides more information.

2027 EDITION IS CURRENTLY BEING WORKED (partial releases throughout November)

LLCs and S Corp Book Amazon LLCs and S Corp Book Kindle LLCs and S Corp Book PDF
$49.95 $39.95 $29.95

Talk to a Small Business CPA About Your Situation

Please use the form below to tell us a little about yourself, and what you have going on with your small business or 1099 contractor gig. WCG CPAs & Advisors are small business CPAs, tax professionals and consultants, and we look forward to talking to you!

The tax advisors, business consultants and rental property experts at WCG CPAs & Advisors are not salespeople; we are not putting lipstick on a pig expecting you to love it. Our job remains being professionally detached, giving you information and letting you decide within our ethical guidelines and your risk profiles.

We see far too many crazy schemes and half-baked ideas from attorneys and wealth managers. In some cases, they are good ideas. In most cases, all the entities, layering and mixed ownership is only the illusion of precision. As Chris Rock says, just because you can drive your car with your feet doesn’t make it a good idea. In other words, let’s not automatically convert “you can” into “you must.”

Let’s chat so you can be smart about it.

We typically schedule a 20-minute complimentary quick chat with one of our Partners or our amazing Senior Tax Professionals to determine if we are a good fit for each other, and how an engagement with our team looks. Tax returns only? Business advisory? Tax strategy and planning? Rental property support?

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Ready to schedule now and talk about S Corp and reasonable salary and all that gibberish? Let's do it! Here is a link to a Discovery Meeting with one of our Partners or Senior Tax Professionals to understand your tax footprint and objectives, and how WCG CPAs & Advisors might help.

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