2024 annual numbers.
The limits and thresholds for this year, with their publication status at a glance.
Work & benefits
Form 1099-K reporting thresholdIRS / Congress$20,000OfficialStandard mileage ratesIRS67¢ / mileOfficialIRS high-low per diem ratesIRS$309OfficialGSA per diem ratesGSA$107OfficialSNAP maximum benefitsUSDA$291OfficialSocial Security earnings testSSA$22,320OfficialSocial Security wage baseSSA$168,600Official
Retirement
401(k) contribution limitsIRS$23,000Official403(b) contribution limitsIRS$23,000Official457(b) contribution limitsIRS$23,000OfficialDefined contribution total limitIRS$69,000OfficialHighly compensated employee thresholdIRS$155,000OfficialIRA contribution limitsIRS$7,000OfficialRoth IRA income phase-outsIRS$146,000OfficialSEP contribution limitsIRS$69,000OfficialSIMPLE contribution limitsIRS$16,000Official
Health & family
Adoption credit limitIRS$16,810OfficialChild and dependent care creditIRS / Congress$6,000OfficialChild tax creditIRS / Congress$2,000OfficialDependent care FSA limitIRS / Congress$5,000OfficialEarned income tax creditIRS$7,830OfficialFederal poverty guidelinesHHS$15,060OfficialHealth FSA contribution limitIRS$3,200OfficialHDHP deductible and out-of-pocket limitsIRS$1,600OfficialHSA contribution limitsIRS$4,150OfficialPremium tax credit percentagesIRS$0Official
Income tax
Alternative minimum tax exemptionsIRS$85,700OfficialLong-term capital gains bracketsIRS$47,025OfficialEstate and gift tax exemptionIRS / Congress$13,610,000OfficialForeign earned income exclusionIRS$126,500OfficialAnnual gift tax exclusionIRS$18,000OfficialKiddie tax unearned-income thresholdIRS$2,600OfficialQualified business income thresholdsIRS$191,950OfficialStandard deductionIRS$14,600OfficialFederal income tax bracketsIRS$11,600Official