Thursday, November 17, 2016

As of November 1, 2016, New Census Numbers for Means Test

As of November 1, 2016, new numbers available for the Means Test calculations.

Pennsylvania numbers are set to:

  • $50,501- Single Person
  • $60,058- Two Persons Household
  • $74,083- Tree Persons Household
  • $89,690- Four Persons Household

Each additional household member will increase the amount by $8,400.

North Carolina Numbers are:

  • $42,410- Single person
  • $55,028- Two Persons Household
  • $63,717- Three Persons Household
  • $71,923- Four Persons Household

Each additional household member will increase the amount by $8,400.

Sunday, November 13, 2016

In 2017 IRS may require an Adjusted Gross Income from previous filings to verify identity.

In 2017 IRS may require a taxpayer to provide an Adjusted Gross Income amount from previous filings to verify identity. If you need that figure, you may request a transcript of the tax return by visiting the IRS web site at https://www.irs.gov/individuals/get-transcript