The Tax Cuts and Jobs Act: What You Need to Know Now
Individual Tax Brackets: Joint Returns and Surviving Spouse
Prior Law Taxable Income |
2018 Rate |
TCJA Taxable Income |
2018 Rate |
$0-$19,050 |
10% |
$0-$19,050 |
10% |
$19,050-$77,400 |
15% |
$19,050-$77,400 |
12% |
$77,400-$156,150 |
25% |
$77,400-$165,000 |
22% |
$156,150-$237,950 |
28% |
$165,000-$315,000 |
24% |
$237,950-$424,950 |
33% |
$315,000-$400,000 |
32% |
$424,950-$480,050 |
35% |
$400,000-$600,000 |
35% |
Over $480,050 |
39.6% |
Over $600,000 |
37% |
Individual Tax Brackets: Head of Household
Prior Law Taxable Income |
2018 Rate |
TCJA Taxable Income |
2018 Rate |
$0-$13,600 |
10% |
$0-$13,600 |
10% |
$13,600-$51,850 |
15% |
$13,600-$51,800 |
12% |
$51,850-$133,850 |
25% |
$51,800-$82,500 |
22% |
$133,850-$216,700 |
28% |
$82,500-$157,500 |
24% |
$216,700-$424,950 |
33% |
$157,500-$200,000 |
32% |
$424,950-$480,050 |
35% |
$200,000-$500,000 |
35% |
Over $480,050 |
39.6% |
Over $500,000 |
37% |
Individual Tax Brackets: Single
Prior Law Taxable Income |
2018 Rate |
TCJA Taxable Income |
2018 Rate |
$0-$9,525 |
10% |
$0-$9,525 |
10% |
$9,525-$38,700 |
15% |
$9,525-$38,700 |
12% |
$38,700-$93,700 |
25% |
$38,700-82,500 |
22% |
$93,700-195,450 |
28% |
$82,500-157,500 |
24% |
$195,450-424,950 |
33% |
$157,500-$200,000 |
32% |
$424,950-$480,050 |
35% |
$200,000-$500,000 |
35% |
Over $480,050 |
39.6% |
Over $500,000 |
37% |
Estates and Trusts - Tax Brackets
Prior Law Taxable Income |
2018 Rate |
TCJA Taxable Income |
2018 Rate |
$0-$2,550 |
15% |
$0-$2,550 |
10% |
$2,550-$6,000 |
25% |
$2,550-$9,150 |
24% |
$6,000-$9,150 |
28% |
$9,150-$12,500 |
35% |
$9,150-$12,500 |
33% |
Over $12,500 |
37% |
Over $12,500 |
39.6% |