#6: I summarize the most important changes to the federal tax brackets and retirement contribution limits to be aware of in 2020.

What you’ll learn in this episode:

• Federal income tax rates for 2020
• Standard deduction changes
• Alternative Minimum Tax updates
• Capital gains tax rates for 2020
• Retirement & tax-advantaged account changes
• Roth IRA Income Limits
• IRA Deduction Phaseouts
• Misc updates: state & local taxes, mortgage interest deduction, Child Tax Credit, estate tax, foreign earned income exclusion, Section 199A

Links mentioned in this episode:

• How the final Trump tax bill affects you: analysis and charts
• Take a year off with the foreign earned income exclusion
• TurboTax TaxCaster
• HYW private Facebook community

Intro/Outro: Old Bossa by Twin Musicom.