Tax Rates 2019

2020 Tax Rates 2019 Tax Rates 2018 Tax Rates 2017 Tax Rates 2016 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
$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	$970.00plus 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	$306,175	$46,628.50 plus 35% of the excess over $204,100
$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

social security 2019 tax rates

Base Salary	$132,900
Social Security Tax Rate	6.2%
Maximum Social Security Tax	$8,239.80
Medicare Base Salary	unlimited
Medicare Tax Rate	1.45%

additional medicare 2019 tax rates

Additional Medicare Tax	0.9%
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 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:
1. Married filing jointly or Qualifying Widow(er)	$24,400
2. Head of household	$18,350
3. 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	$19,000 if under age 50 / $25,000 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

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