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
|
