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2013Federal Tax

Amounts and Limits

To help you stay informed of changes tofederal taxamounts and limits, use this quick-reference sheet. Note:This sheet applies only to federal tax laws for the taxyear 2013 and not to state tax laws. Information is as ofJanuary 1, 2013.

For more information, contact:

Advanced Marketing Group

(800) 722-2333, ext. 3939In New York, (800) 748-6907, ext. 3939

E-mail:AdvMkt@PacificLife.com

This material is not intended to be used, nor can it be usedby any taxpayer, for the purpose of avoiding U.S. federal,state, or local tax penalties. This material is written tosupport the promotion or marketing of the transaction(s) ormatter(s) addressed by this material. Pacific Life, itsdistributors, and respective representatives do not providetax, accounting, or legal advice. Any taxpayer should seekadvice based on the taxpayers particular circumstancesfrom an independent tax advisor or attorney.

Representations made herein are neither complete nornecessarily up-to-date.Pacific Life refers to Pacific Life Insurance Company and itsaffiliates, including Pacific Life & Annuity Company.Insurance products are issued by Pacific Life InsuranceCompany in all states except New York and in New York byPacific Life & Annuity Company. Product availability andfeaturesmay vary by state.

3/13W23181-13A

General Income Tax

Joint Returns/Surviving Spouse

Min. Max. Tax on Min.Rate onExcess

$0 $17,850 $0 10%17,850 72,500 1,785 15%72,500 146,400 9,982.50 25%

146,400 223,050 28,457.50 28%223,050 398,350 49,919.50 33%398,350 450,000 107,768.50 35%450,000 125,846 39.6%

Head of Household

Min. Max. Tax on Min.Rate onExcess

$0 $12,750 $0 10%12,750 48,600 1,275 15%48,600 125,450 6,652.50 25%

125,450 203,150 25,865 28%203,150 398,350 47,621 33%398,350 425,000 112,037 35%425,000 121,364.50 39.6%

Single Individuals

Min. Max. Tax on Min.Rate onExcess

$0 $8,925 $0 10%8,925 36,250 892.50 15%

36,250 87,850 4,991.25 25%87,850 183,250 17,891.25 28%

183,250 398,350 44,603.25 33%398,350 400,000 115,586.25 35%400,000 116,163.75 39.6%

Married Filing Separate

Min. Max. Tax on Min.Rate onExcess

$0 $8,925 $0 10%8,925 36,250 892.50 15%

36,250 73,200 4,991.25 25%73,200 111,525 14,228.75 28%

111,525 199,175 24,959.75 33%

199,175 225,000 53,884.25 35%225,000 62,923 39.6%

Estates and Trusts

Min. Max. Tax on Min.Rate onExcess

$0 $2,450 $0 15%2,450 5,700 367.50 25%5,700 8,750 1,180 28%

8,750 11,950 2,034 33%11,950 3,090 39.6%

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American Opportunity/Lifetime LearningTax Credit

Contribution Limit :100%Amount / 25% Amount

$2,000 / $2,000

American Opportunity/Lifetime Learning PhaseoutJoint Return $160,000 / $107,000

All Other $80,000 / $53,000

Capital Gains / Qualified Dividends Rates

Income Tax BracketCapital Gains / Qualified

Dividends Rates

10% or 15% 0%25% to 35% 15%

39.6% 20%

Estate Planning

Gift Tax Annual Exclusion $14,000Annual Exclusion: Non-U.S. Spouse $143,000Gift Tax Unified Credit $2,045,800

Shelters $5,250,000Estate Tax Unified Credit $2,045,800

Shelters $5,250,000

Top Gift and Estate Tax Rate 40%GST Exemption(see2013 Tax Facts on

Insurance & Employee Benefits, Q 58)$5,250,000

Income Tax Charitable Deduction Limitations

Limit1 Gift Charity Value

50% Cash Public FMVOrdinary Income Public Basis

UUTPP Public Basis30%

3 LTCG Public FMV

4

Ordinary Income Public BasisOther than LTCG Private Basis

20%5 LTCG Private Basis

6

FMV = fair market valueLTCG = long-term capital gains propertyUUTPP = unrelated use tangible personal property1

Percentage of adjusted gross income (AGI), 5-yearcarryover for disallowed deductions

2Gifts to charity (not for use of charity)3Lesser of 30% limit or unused 50% limit4Can elect 50% limit for gifts of LTCG to public charity ifuse basis as value

5Lesser of 20% limit or unused 30% limit6FMV for qualified appreciated stock

2013, The National Underwriter Co.

Standard DeductionJoint Returns and SurvivingSpouse

$12,200

Heads of Households $8,950Single Individuals $6,100Married Filing Separate $6,100

Dependent $1,000, or $350plus earnedincome, if greater

Aged or Blind - Unmarried and notSurviving Spouse

$1,500 each

Aged or Blind Other $1,200 each

Kiddie TaxAmount $1,000

Exemption $2,000Alternative Minimum TaxExemption

$7,150 plusearned income

Child Tax CreditAmount $1,000Refundable Threshold $3,000

AMT Exemption Amounts

Tax Filing StatusAMT Exemption

Amounts

Joint Returns/Surviving Spouses $80,800Single Individuals/Head ofHousehold

$51,900

Married Filing Separate $40,400Estates and Trusts $23,100Excess Taxable Income 28% Applies

Married Filing Separate $89,750Joint Returns/Surviving Spouses/Single Individuals/Head ofHousehold/Estates and Trusts

$179,500

MAGI Threshold for Net Investment IncomeTax (NIIT)

Tax Filing Status MAGI Threshold

Joint Returns/Surviving Spouses $250,000Single Individuals/Head ofHousehold

$200,000

Married Filing Separate $125,000Estates and Trusts $11,950Net Investment Income e.g., interest, dividends,capital gains, rental income, royalty income,nonqualified annuities, passive income from businessNet Investment Income Tax 3.8% of lesser of MAGIover thresholds OR net investment income

W23181-13AExp. 3/14

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For broker/dealer use only. Not for use with the public.