Here’s what we know as a deal to avert the fiscal cliff has begun to take shape. What's in the fiscal deal

A deal to avert the fiscal cliff has begun to take shape. While the details of the deal can always change as legislation moves through each chamber, here’s what we know at this point:

Income taxes: An increase to a 39.6 percent for individuals making more than $400,000 a year and families making more than $450,000. The previous for those earners was 35 percent.

An increase to a 39.6 percent for individuals making more than $400,000 a year and families making more than $450,000. The previous for those earners was 35 percent. Payroll tax: The small cut in the Social Security tax for all earners will be allowed to expire.

The small cut in the Social Security tax for all earners will be allowed to expire. Alternative minimum tax: A permanent patch to keep more Americans from being subject to the increased tax level, which would have affected an estimated 30 million taxpayers next year.

A permanent patch to keep more Americans from being subject to the increased tax level, which would have affected an estimated 30 million taxpayers next year. Dividends and capital gains: Taxed at 20 percent for individuals making at least $400,000 and $450,000 for families.

Taxed at 20 percent for individuals making at least $400,000 and $450,000 for families. PEP and Pease deduction caps: The Personal Exemption Phase-out will be reinstated with a starting threshold for those making $250,000. The “Pease” deduction will be reinstated for those making $300,000 or more. Under former President George W. Bush, these deduction caps were suspended.

The Personal Exemption Phase-out will be reinstated with a starting threshold for those making $250,000. The “Pease” deduction will be reinstated for those making $300,000 or more. Under former President George W. Bush, these deduction caps were suspended. Estate tax: The estate tax will have a $10 million exemption per a couple with additional inheritance taxed at 40 percent.

The estate tax will have a $10 million exemption with additional inheritance taxed at 40 percent. Unemployment benefits: Additional benefits for the long-term unemployed are extended through the end of 2013. Those benefits expired on Friday.

Additional benefits for the long-term unemployed are extended through the end of 2013. Those benefits expired on Friday. Business tax credits: Tax credits for businesses, including Research and Experimentation Tax Credit and the Production Tax Credit, are extended through the end of 2013.

Tax credits for businesses, including Research and Experimentation Tax Credit and the Production Tax Credit, are extended through the end of 2013. Stimulus tax credits: A five-year extension of tax credits largely used by lower- and middle-class workers that were expanded as part of the stimulus, including the Child Tax Credit, Earned Income Tax Credit and college tuition tax credit.

A five-year extension of tax credits largely used by lower- and middle-class workers that were expanded as part of the stimulus, including the Child Tax Credit, Earned Income Tax Credit and college tuition tax credit. “Doc fix”: Stops a 27 percent reduction in payments to Medicare providers using spending cuts as offsets.

Stops a 27 percent reduction in payments to Medicare providers using spending cuts as offsets. Sequester: The sequester will be delayed by two months and replaced with new half revenues and half targeted spending cuts.