Tax Filing Status
|
Previous Limit
|
New Limit
|
Single Filer
|
$1,000
|
$2,500
|
Married Separate Filer
|
$1,250
|
$2,500
|
Married Joint Filer
|
$2,500
|
$5,000
|
Pass-Through Owner (not making HB 149 election)*
|
$10,000
|
$25,000
|
C Corp, Trust, or Pass-Through electing to pay tax at the entity level (HB 149)*
|
75% of annual tax liability
|