Comparison of 2019 Tax Brackets Vs 2018 Tax Brackets

The 2019 tax brackets in comparison to 2018 tax brackets increased around 2% due to indexing. The new tax law passed in 2017 maintains the 10% tax rate base line for earners in the lower spectrum but slashes the high-income tax rates from 39.6% to 37% starting in 2018. You can find out more on the difference between 2017 and 2018 tax brackets.

 

Single tax payers

 

2019 Tax Rate2019 Income Bracket|2018 Rate2018 Income Bracket
10%Up to $9,700|10%Up to $9,525
12%$9,701-$39,475|12%$9,526-$38,700
22%$39,476-$84,200|22%$38,701-$82,500
24%$84,201 – $160,725|24%$82,501-$157,500
32%$160,726-$204,100|32%$157,500-$200,000
35%$204,101-$510,300|35%$200,001-$500,000
37%$510,301+|37%$500,001+

 

Married couples filing jointly or Qualifying Widow

 

2019 Tax Rate2019 Income Bracket|2018 Rate2018 Income Bracket
10%Up to $19,400|10%Up to $19,050
12%$19,401-$78,950|12%$19,051-$77,400
22%$78,951-$168,400|22%$77,401-$165,000
24%$168,401-$321,450|24% $165,001-$315,000
32%$321,451-$408,200|32%$315,001-$400,000
35%$408,001-$612,350|35%$400,000-$600,000
37%$612,351+|37%$600,000+

 

Married couple filing separately

 

2019 Tax Rate2019 Income Bracket|2018 Rate2018 Income Bracket
10%Up to $9,700|10%Up to $9,525
12%$9,701-$39,475|12%$9,526-$38,700
22%$39,476-$84,200|22%$38,701-$82,500
24%$84,201 – $160,725|24%$82,501-$157,500
32%$160,726-$204,100|32%$157,501-$200,000
35%$204,101-$306,175|35%$200,001-$300,000
37%$306,176+|37%$300,001+


Heads of the household

 

2019 Tax Rate2019 Income Bracket|2018 Rate2018 Income Bracket
10%Up to $13,850|10%Up to $13,600
12%$13,851-$52,850|12%$13,601-$51,800
22%$52,851-$84,200|22%$51,801-$82,500
24%$84,201-$160,725|24%$82,501-$157,500
32%$160,726-$204,100|32%$157,501-$200,000
35%$204,101-$510,300|35%$200,001-$500,000
37%$510,301+|37%$500,0001+

 

You can also read about 2018 Tax Reform – Business Interest Deduction, Section 199A – Impact on Small and Pass-through business or 2018 Tax law update for Individuals. Contact us to learn more about our services.



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