Peter ann

Online resources

  • Visit Cook County Treasurer's Office website type in your PIN, and check your taxes online
  • Visit Lake County Treasurer's Office website type in your PIN, and check your taxes online
  • Visit DuPage County Treasurer's Office website type in your PIN, and check your taxes online

    • IRA Contribution Limits

    YearRegularCatch-Up (over age 50)Total
    1974$1,500N/A$1,500
    1975$1,500N/A$1,500
    1976$1,500N/A$1,500
    1977$1,500N/A$1,500
    1978$1,500N/A$1,500
    1979$1,500N/A$1,500
    1980$1,500N/A$1,500
    1981$2,000N/A$2,000
    1982$2,000N/A$2,000
    1983$2,000N/A$2,000
    1984$2,000N/A$2,000
    1985$2,000N/A$2,000
    1986$2,000N/A$2,000
    1987$2,000N/A$2,000
    1988$2,000N/A$2,000
    1989$2,000N/A$2,000
    1990$2,000N/A$2,000
    1991$2,000N/A$2,000
    1992$2,000N/A$2,000
    1993$2,000N/A$2,000
    1994$2,000N/A$2,000
    1995$2,000N/A$2,000
    1996$2,000N/A$2,000
    1997$2,000N/A$2,000
    1998$2,000N/A$2,000
    1999$2,000N/A$2,000
    2000$2,000N/A$2,000
    2001$2,000N/A$2,000
    2002$3,000$500$3,500
    2003$3,000$500$3,500
    2004$3,000$500$3,500
    2005$4,000$500$4,500
    2006$4,000$1,000$5,000
    2007$4,000$1,000$5,000
    2008$5,000$1,000$6,000
    2009$5,000$1,000$6,000
    2010$5,000$1,000$6,000
    2011$5,000$1,000$6,000

    401(k) Elective Deferral Limits

    YearRegularCatch-Up (over age 50)Total
    1996$9,500N/A$9,500
    1997$9,500N/A$9,500
    1998$10,000N/A$10,000
    1999$10,000N/A$10,000
    2000$10,500N/A$10,500
    2001$10,500N/A$10,500
    2002$11,000$1,000$12,000
    2003$12,000$2,000$14,000
    2004$13,000$3,000$16,000
    2005$14,000$4,000$18,000
    2006$15,000$5,000$20,000
    2007$15,500$5,000$20,500
    2008$15,500$5,000$20,500
    2009$16,500$5,500$22,000
    2010$16,500$5,500$22,000
    2011$16,500$5,500$22,000

    Gift Tax Annual Exclusion Amount

    YearAmount
    1997$10,000
    1998$10,000
    1999$10,000
    2000$10,000
    2001$10,000
    2002$11,000
    2003$11,000
    2004$11,000
    2005$11,000
    2006$12,000
    2007$12,000
    2008$12,000
    2009$13,000
    2010$13,000
    2011$13,000

    Estate Tax Exemptions and Rates

    YearEstate tax exemptionTop Estate Tax Rate
    1997$600,00055%
    1998$625,00055%
    1999$650,00055%
    2000$675,00055%
    2001$675,00055%
    2002$1,000,00050%
    2003$1,000,00049%
    2004$1,500,00048%
    2005$1,500,00047%
    2006$2,000,00046%
    2007$2,000,00045%
    2008$2,000,00045%
    2009$3,500,00045%
    *2010$5,000,000 or $035% or 0%
    2011$5,000,00035%
    2012$5,000,00035%
    2013$1,000,00055%

    *The heirs of decedents who die in 2010 will have the choice to use $5,000,000 estate exemption/35% estate tax rate or $0 estate tax exemption/0% estate tax rate coupled with use of the modified carryover basis rules.

    2009 Estates and Trusts

    If taxable income is betweenpay+of the amount over
    $0$2,300$015%$0
    $2,301$5,350$345.0025%$2,300
    $5,351$8,200$1,107.5028%$5,350
    $8,201$11,150$1,905.5033%$8,200
    $11,151…$2,879.0035%$11,150

    2010 Estates and Trusts

    If taxable income is betweenpay+of the amount over
    $0$2,300$015%$0
    $2,301$5,350$345.0025%$2,300
    $5,351$8,200$1,107.5028%$5,350
    $8,201$11,200$1,905.5033%$8,200
    $11,201…$2,895.5035%$11,200

    2011 Estates and Trusts

    If taxable income is betweenpay+of the amount over
    $0$2,300$015%$0
    $2,301$5,450$345.0025%$2,300
    $5,451$8,300$1,132.5028%$5,450
    $8,301$11,350$1,930.5033%$8,300
    $11,351…$2,937.0035%$11,350