6 Filing Status, Rates, and the AMT

delta blues house, dembow punk, appalachian folk anti-folk, soulful folk

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Lyrics

[Verse 1]
Five filing statuses, choose your lane
Single filer walks alone through tax terrain
Married couples joint or separate roads
Head of household when dependents lighten loads
Qualifying spouse gets extra years of grace
When death disrupts the filing race

[Chorus]
Seven brackets climbing up the scale
Ten, twelve, twenty-two percent trail
Twenty-four, thirty-two, thirty-five ascend
Thirty-seven where the ladder ends
TCJA brackets through twenty-twenty-five
Keep these numbers sharp and alive

[Verse 2]
Net Investment Income Tax appears
Three point eight percent when income clears
Two-fifty threshold for married joint
Four hundred for singles at the tipping point
Passive income, dividends and gains
Feel the NIIT when wealth remains

[Chorus]
Seven brackets climbing up the scale
Ten, twelve, twenty-two percent trail
Twenty-four, thirty-two, thirty-five ascend
Thirty-seven where the ladder ends
TCJA brackets through twenty-twenty-five
Keep these numbers sharp and alive

[Verse 3]
Additional Medicare Tax strikes
Zero point nine percent when pay spikes
Two hundred thousand for single earners
Two-fifty married joint tax learners
AMT lurks with different rules
Exemption amounts like separate tools

[Bridge]
Kiddie tax steals parent rates
When unearned income escalates
Twenty-three hundred threshold crossed
Investment income for children lost
To higher brackets meant for grown-ups
Complex calculations when it shows up

[Chorus]
Seven brackets climbing up the scale
Ten, twelve, twenty-two percent trail
Twenty-four, thirty-two, thirty-five ascend
Thirty-seven where the ladder ends
TCJA brackets through twenty-twenty-five
Keep these numbers sharp and alive

[Outro]
AMT exemption phases out slow
Five-twenty-eight where reductions flow
Million-dollar income makes it disappear
Alternative minimum crystal clear

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