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Quick Reference 2025

By Jason Watson, CPA
Posted Sunday, May 25, 2025

Single 2025
From To Rate Marginal Tax Total Tax
0 11,925 10% 1,193 1,193
11,926 48,475 12% 4,386 5,579
48,476 103,350 22% 12,073 17,651
103,351 197,300 24% 22,548 40,199
197,301* 250,525 32% 17,032 57,231
250,526 626,350 35% 131,539 188,770
626,351 forever 37%
Married Filing Jointly 2025
From To Rate Marginal Tax Total Tax
0 23,850 10% 2,385 2,385
23,851 96,950 12% 8,772 11,157
96,951 206,700 22% 24,145 35,302
206,701 394,600 24% 45,096 80,398
394,601* 501,050 32% 34,064 114,462
501,051 751,600 35% 87,693 202,155
751,601 forever 37%

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

 

Standard Deduction Single 15,000
Standard Deduction Married Filing Joint 30,000
Social Security Wage Limit 176,100
IRA Contribution Limit 7,000 + 1,000 catch-up
Roth Income Phaseout Single 150,000
Roth Income Phaseout Married Filing Joint 246,000
401k Employee 23,500 + 7,500 catch-up
401k Employer 46,500
Max 401k Total 70,000 + 7,500 catch-up

Jason Watson, CPA, is a partner and the CEO of WCG CPAs & Advisors, a boutique yet progressive tax, accounting and rental property consultation firm with over 80 team members headquartered in Colorado serving real estate investors worldwide.

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I Just Got A Rental, What Do I Do? 2025 Edition

Rental BookThis KB article is an excerpt from our 420+ page book (some picture pages, but no scatch and sniff) which was updated May 25, 2025, and 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.

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Talk to a Real Estate CPA About Your Rental Property

Please use the form below to tell us a little about yourself, and what you have going on with your investments and wealth-building objectives. WCG CPAs & Advisors are real estate CPAs, tax strategists and rental property 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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