2019 Tax Rates
2018 Tax Rates
2017 Tax Rates
2016 Tax Rates
2015 Tax Rates
2019 Tax Rates Schedule X – Single
If taxable income is over But not over The tax is
$0 $9,700 10% of the taxable amount
$9,700 $39,475 $970.00 plus 12% of the excess over $9,700
$39,475 $84,200 $4,543.00 plus 22% of the excess over $39,475
$84,200 $160,725 $14,382.50 plus 24% of the excess over $84,200
$160,725 $204,100 $32,748.50 plus 32% of the excess over $160,725
$204,100 $510,300 $46,628.50 plus 35% of the excess over $204,100
Over $510,300 no limit $153,798.50 plus 37% of the excess over $510,300
2019 Tax Rates Schedule Y-1 – Married Filing Jointly or Qualifying Widow(er)
If taxable income is over But not over The tax is
$0  $19,400 10% of the taxable amount
$19,400 $78,950 $1,940.00 plus 12% of the excess over $19,400
$78,950 $168,400 $9,086.00 plus 22% of the excess over $78,950
$168,400 $321,450 $28,765.00 plus 24% of the excess over $168,400
$321,450 $408,200 $65,497.00 plus 32% of the excess over $321,450
$408,200 $612,350 $164,709.50 plus 35% of the excess over $408,200
$612,350 no limit $153,798.50 plus 37% of the excess over $612,350
2019 Tax Rates Schedule Y-2 – Married Filing Separately
If taxable income is over But not over The tax is
$0 $9,700 10% of the taxable amount
$9,700 $39,475 $970.00 plus 12% of the excess over
$39,475 $84,200 $4,543.00 plus 22% of the excess over $39,475
$82,500 $160,725 $14,382.50 plus 24% of the excess over $84,200
$160,725 $204,100 $32,748.50 plus 32% of the excess over $160,725
$204,100 $306,175 $45,689.50 plus 35% of the excess over $200,000
Over $306,175 no limit $82,354.75 plus 37% of the excess over $306,175
2019 Tax Rates Schedule Z – Head of Household
If taxable income is over But not over The tax is
$0 $13,850 10% of the taxable amount
$13,850 $52,850 $1,385.00 plus 12% of the excess over $13,850
$52,850 $84,200 $6,065.00 plus 22% of the excess over $52,850
$84,200 $160,700 $12,962.00 plus 24% of the excess over $84,200
 $160,700  $204,100 $31,322.00 plus 32% of the excess over $160,700
 $204,100  $510,300 $45,210.00 plus 35% of the excess over $204,100
 $510,300 no limit $152,380.00 plus 37% of the excess over $510,300
2019 Tax Rates Estates & Trusts
If taxable income is over But not over The tax is
$0 $2,600 10% of the taxable income
$2,600 $9,300 $260.00 plus 24% of the excess over $2,600
$9,300 $12,750 $1,868.00 plus 35% of the excess over $9,300
$12,750 no limit $3,075.50 plus 37% of the excess over $12,750
Additional Medicare 2019 Tax Rates
Additional Medicare Tax 0.9%
Filing status Compensation over
Married filing jointly $250,000
Married filing separate $125,000
Single $200,000
Head of household (with qualifying person) $200,000
Qualifying widow(er) with dependent child $200,000

 

Social Security 2019 Tax Rates
Base Salary $132,900
Social Security Tax Rate 6.20%
Maximum Social Security Tax $8,239.80
Medicare Base Salary unlimited
Medicare Tax Rate 1.45%

 

 

ADDITIONAL MEDICARE 2019 TAX RATES
Additional Medicare Tax 0.90%
Filing status Compensation over
Married filing jointly $250,000
Married filing separate $125,000
Single $200,000
Head of household (with qualifying person) $200,000
Qualifying widow(er) with dependent child $200,000

EDUCATION 2019 CREDIT AND DEDUCTION LIMITS
American Opportunity Tax Credit (Hope) $2,500
Lifetime Learning Credit $2,000
Student Loan Interest Deduction $2,500
Coverdell Education Savings Contribution $2,000

MISCELLANEOUS 2019 TAX RATES
Standard Deduction:
  • Married filing jointly or Qualifying Widow(er)
 $24,400
  • Head of household
 $18,350
  • Single or Married filling separately
 $12,200
Business Equipment Expense Deduction $1,020,000
Prior-year safe harbor for estimated taxes of higher-income 110% of your 2018 tax liability
Standard mileage rate for business driving 58 cents
Standard mileage rate for medical/moving driving 20 cents
Standard mileage rate for charitable driving 14 cents
Child Tax Credit $2,000 per qualifying child
Maximum capital gains tax rate for taxpayers with adjusted net capital gain up to $78,750 for joint filers and surviving spouses, $52,750 for heads of household, $39,375 for single filers, $39,375 for married taxpayers filing separately, and $2,650 for estates and trusts 0%
Maximum capital gains tax rate for taxpayers with adjusted net capital gain over the amount subject to the 0% rate, and up to $488,850 for joint filers and surviving spouses, $461,700 for heads of household, $434,550 for single filers, $244,425 for married taxpayers filing separately, and $12,950 for estates and trusts 15%
Maximum capital gains tax rate for taxpayers with adjusted net capital gain over $488,850 for joint filers and surviving spouses, $461,700 for heads of household, $434,550 for single filers, $244,425 for married taxpayers filing separately, and $12,950 for estates and trusts 20%
Capital gains tax rate for unrecaptured Sec. 1250 gains 25%
Capital gains tax rate on collectibles and qualified small business stock 28%
Maximum contribution for Traditional/Roth IRA $6,000 if under age 50
$7,000 if 50 or older
Maximum employee contribution to SIMPLE IRA $13,000 if under age 50
$16,000 if 50 or older
Maximum Contribution to SEP IRA 25% of compensation up to $55,000
401(k) maximum employee contribution limit $18,500 if under age 50
$24,500 if 50 or older
Self-employed health insurance deduction 100%
Estate tax exemption $11,400,000
Annual Exclusion for Gifts $15,000
Foreign Earned Income Exclusion $105,900