Tables

2024 Tax Tables

These tables include the values applicable when determining federal taxes for 2024.

2023 Tax Tables

2022 Tax Tables

2021 Tax Tables

2020 Tax Tables

Section 7520 of the Internal Revenue Code went into effect May 1, 1989. It describes the valuation tables that must be used for computing the value of certain income interests. These tables are used to computed the charitable deduction for all life income gifts, retained life estates, and lead trust gifts.

This is the mortality table for computing deductions for split interest gifts that was in effect from 12/1/83 through 4/30/1989. The left column is the age of the population and the right column is the number of survivors per 100,000 population. The table shows the number of survivors at each age out of a population of 100,000 at age 0.

The 80CNSMT mortality table is required by the IRS for computing charitable deductions for planned gifts and other “split interest” transfers made from May 1, 1989 to April 30, 1999. Transition rules allow donors to use deduction factors based on Table 80CNSMT or Table 90CM for gifts made in May 1999 or June 1999 that use May's or June's IRS discount rate. This mortality table can also be used when computing liabilities to satisfy FASB Statements 116 and 117. Table 80CNSMT is based on data from the 1980 U.S. census. It is a unisex table: men and women have the same mortality.

The 90CM mortality table is required by the IRS for computing charitable deductions for planned gifts and other “split interest” transfers made from July 1, 1999 onward. Transition rules allow donors to use deduction factors based on Table 80CNSMT or Table 90CM for gifts made in May 1999 or June 1999 that use May's or June's IRS discount rate. This mortality table can also be used when computing liabilities to satisfy FASB Statements 116 and 117.

The 2000CM mortality table is required by the IRS for computing charitable deductions for planned gifts and other “split interest” transfers made from July 1, 2009 onward. Transition rules allow donors to use deduction factors based on Table 90CM or Table 2000CM for gifts made in May 2009 or June 2009 that use May's or June's IRS discount rate. Table 2000CM can also be used when computing liabilities to satisfy FASB Statements 116 and 117. Table 2000CM is based on data from the 2000 U.S. census. It is a unisex table: men and women have the same mortality.