Tax Rates 2017

2020 Tax Rates 2019 Tax Rates 2018 Tax Rates 2017 Tax Rates 2016 Tax Rates

2017 tax rates schedule x - single

If taxable income is over	But not over	The tax is
$0	$9,325	10% of the taxable amount
$9,325	$37,950	$932.50 plus 15% of the excess over $9,325
$37,950	$91,900	$5,226.25 plus 25% of the excess over $37,950
$91,900	$191,650	$18,713.75 plus 28% of the excess over $91,900
$191,650	$416,700	$46,643.75 plus 33% of the excess over $191,650
$416,700	$418,400	$120,910.25 plus 35% of the excess over $416,700
Over $418,400	no limit	$121,505.25 plus 39.6% of the excess over $418,400

2017 tax rates schedule y-1 - married filing jointly or qualifying widow(er)

If taxable income is over	But not over	The tax is
$0	$18,650	10% of the taxable amount
$18,650	$75,900	$1,865 plus 15% of the excess over $18,650
$75,900	$153,100	$10,452.50 plus 25% of the excess over $75,900
$153,100	$233,350	$29,752.50 plus 28% of the excess over $153,100
$233,350	$416,700	$52,222.50 plus 33% of the excess over $233,350
$416,700	$470,700	$112,728 plus 35% of the excess over $416,700
$470,700	no limit	$131,628 plus 39.6% of the excess over $470,700

2017 tax rates schedule y-2 - married filing separately

If taxable income is over	But not over	The tax is
$0	$9,325	10% of the taxable amount
$9,325	$37,950	$932.50 plus 15% of the excess over $9,325
$37,950	$76,550	$5,226.25 plus 25% of the excess over $37,950
$76,550	$116,675	$14,876.25 plus 28% of the excess over $76,550
$116,675	$208,350	$26,111.25 plus 33% of the excess over $116,675
$208,350	$235,350	$56,364 plus 35% of the excess over $208,350
Over $235,350	no limit	$65,814 plus 39.6% of the excess over $235,350

2017 tax rates schedule z - head of household

If taxable income is over	But not over	The tax is
$0	$13,350	10% of the taxable amount
$13,350	$50,800	$1,335 plus 15% of the excess over $13,350
$50,800	$131,200	$6,952.50 plus 25% of the excess over $50,800
$131,200	$212,500	$27,052.50 plus 28% of the excess over $131,200
$212,500	$416,700	$49,816.50 plus 33% of the excess over $212,500
$416,700	$444,550	$117,202.50 plus 35% of the excess over $416,700
$444,550	no limit	$126,950 plus 39.6% of the excess over $444,550

2017 tax rates estates & trusts

If taxable income is over	But not over	The tax is
$0	$2,550	15% of the taxable income
$2,550	$6,000	$382.50 plus 25% of the excess over $2,550
$6,000	$9,150	$1,245 plus 28% of the excess over $6,000
$9,150	12,500	$2,127 plus 33% of the excess over $9,150
$12,500	no limit	$3,232.50 plus 39.6% of the excess over $12,500

social security 2017 tax rates

Base Salary	$127,200
Social Security Tax Rate	6.2%
Maximum Social Security Tax	$7,886.40
Medicare Base Salary	unlimited
Medicare Tax Rate	1.45%

additional medicare 2017 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

education 2017 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 2017 tax rates

Personal Exemption (Adjusted Gross Income below $156,900)	$4,050
Business Equipment Expense Deduction	$510,000
Prior-year safe harbor for estimated taxes of higher-income	110% of your 2016 tax liability
Standard mileage rate for business driving	53.5 cents
Standard mileage rate for medical/moving driving	17 cents
Standard mileage rate for charitable driving	14 cents
Child Tax Credit	$1,000 per qualifying child
Unearned income maximum for children before kiddie tax applies	$1,050
Maximum capital gains tax rate for taxpayers in the 10% or 15% bracket	0%
Maximum capital gains tax rate for taxpayers in the 25%, 28%, 33%, or 35% bracket	15%
Maximum capital gains tax rate for taxpayers in the 39.6% bracket	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	$5,500 if under age 50 / $6,500 if 50 or older
Maximum employee contribution to SIMPLE IRA	$12,500 if under age 50 / $15,500 if 50 or older
Maximum Contribution to SEP IRA	25% of compensation up to $54,000
401(k) maximum employee contribution limit	$18,000 if under age 50 / $24,000 if 50 or older
Self-employed health insurance deduction	100%
Estate tax exemption	$5,490,000
Annual Exclusion for Gifts	$14,000
Foreign Earned Income Exclusion	$102,100

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