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 Rate 2019 Income Bracket | 2018 Rate 2018 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 Rate 2019 Income Bracket | 2018 Rate 2018 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 Rate 2019 Income Bracket | 2018 Rate 2018 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 Rate 2019 Income Bracket | 2018 Rate 2018 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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