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new 39.6% tax bracket for wealthiest people
http://hosted.ap.org/dynamic/stories/U/US_SPE_TAXES_OVERVIEW?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-01-22-03-33-05WASHINGTON (AP) -- A new top tax rate, higher Medicare taxes and the phaseout of deductions and exemptions could mean higher tax bills for wealthier Americans this year. Legally wed same-sex couples, meanwhile, may find the true meaning of the marriage penalty.
All taxpayers will have a harder time taking medical deductions.
In other changes for the 2013 tax year, the alternative minimum tax has been patched - permanently - to prevent more middle-income people from being drawn in, and there's a simpler way to compute the home office deduction.
Tax rate tables and the standard deduction have been adjusted for inflation, as has the maximum contribution to retirement accounts, including 401(k) plans and individual retirement accounts, or IRAs.