A tax bracket helps you determine the tax rate that you will pay on each portion of your income. Every year they are adjusted slightly for inflation. For 2019, the tax cuts and job acts greatly changed our tax brackets.  View the 2019 tax brackets below, and as always, let us know how we can help! 

Single Filer

Tax Rate Taxable Income Bracket Tax Owed
10% $0 – $9,700 10% of taxable income
12% $9,701 – $39,475 $970 plus 12% of the amount over $9,700
22% $39,476 – $84,200 $4,543 plus 22% of the amount over $39,475
24% $84,201 – $160,725 $14,382.50 plus 24% of the amount over $84,200

32%

 $160,726 – $204,100 $32,748.50 plus 32% of the amount over $157,500
35% 204,101 – $510,300 $46,628.50 plus 35% of the amount over $204,100
37% $510,301 +

$153,798.50 plus 37% of the amount over $510,300

 Married Filing Jointly

Tax Rate Taxable Income Bracket Tax Owed
0.1 $0 – $13,850
10% of taxable income
0.12 $13,851 – $52,850
$1,385 plus 12% of the amount over $13,850
0.22 $52,851 – $84,200
$6,065 plus 22% of the amount over $52,850
0.24 $84,201 – $160,700
$12,962 plus 24% of the amount over $84,200
0.32 $160,701 – $204,100
$31,322 plus 32% of the amount over $160,700
0.35 $204,101 – $510,300
$45,210 plus 35% of the amount over $204,100
0.37 $510,301 +
$152,380 plus 37% of the amount over $510,300

Married Filing Separate

Tax Rate Taxable Income Bracket Tax Owed
0.1 $0 – $13,850
10% of taxable income
0.12 $13,851 – $52,850
$1,385 plus 12% of the amount over $13,850
0.22 $52,851 – $84,200
$6,065 plus 22% of the amount over $52,850
0.24 $84,201 – $160,700
$12,962 plus 24% of the amount over $84,200
0.32 $160,701 – $204,100
$31,322 plus 32% of the amount over $160,700
0.35 $204,101 – $510,300
$45,210 plus 35% of the amount over $204,100
0.37 $510,301 +
$152,380 plus 37% of the amount over $510,300

Head of Household

Tax Rate Taxable Income Bracket Tax Owed
10% $0 – $13,850
10% of taxable income
12% $13,851 – $52,850
$1,385 plus 12% of the amount over $13,850
22% $52,851 – $84,200
$6,065 plus 22% of the amount over $52,850
24% $84,201 – $160,700
$12,962 plus 24% of the amount over $84,200
32% $160,701 – $204,100
$31,322 plus 32% of the amount over $160,700
35% $204,101 – $510,300
$45,210 plus 35% of the amount over $204,100
37% $510,301 +
$152,380 plus 37% of the amount over $510,300