2018 Federal Tax Information

Below you'll find the 2018 tax brackets, standard deductions, long-term capital gains rates, and more.

 

Federal Income Tax Brackets

Single

Tax Rate Taxable Income Range Your Income Tax Is..
10% $0-$9,525 10% of your taxable income
12% $9,525-$38,700 $952.50 + 12% of the amount over $9,525
22% $38,700-$82,500 $4,453.50 + 22% of the amount over $38,700
24% $82,500-$157,500 $14,089.50 + 24% of the amount over $82,500
32% $157,500-$200,000 $32,089.50 + 32% of the amount over $157,500
35% $200,000-$500,000 $45,689.50 + 35% of the amount over $200,000
37% Over $500,000 $80,689.50 + 37% of the amount over $500,000

Married Filing Jointly

Tax Rate Taxable Income Range Your Income Tax Is..
10% $0-$19,050 10% of your taxable income
12% $19,050 - $77,400 $1,905 + 12% of the amount over $19,050
22% $77,400 - $165,000 $8,907 + 22% of the amount over $77,400
24% $165,000 - $315,000 $28,179 + 24% of the amount over $165,000
32% $315,000 - $400,000 $64,179 + 32% of the amount over $315,000
35% $400,000 - $600,000 $91,379 + 35% of the amount over $400,000
37% Over $600,000 $161,379 + 37% of the amount over $600,000

Married Filing Separately

Tax Rate Taxable Income Range Your Income Tax Is..
10% $0 - $9,525 10% of your taxable income
12% $9,525 - $38,700 $952.50 + 12% of the amount over $9,525
22% $38,700 - $82,500 $4,453.50 + 22% of the amount over $38,700
24% $82,500 - $157,500 $14,089.50 + 24% of the amount over $82,500
32% $157,500 - $200,000 $32,089.50 + 32% of the amount over $157,500
35% $200,000 - $300,000 $45,689.50 + 35% of the amount over $200,000
37% Over $300,000 $80,689.50 + 37% of the amount over $300,000

Head of Household

Tax Rate Taxable Income Range Your Income Tax Is..
10% $0-$13,600 10% of your taxable income
12% $13,600 - $51,800 $1,360 + 12% of the amount over $13,600
22% $51,800 - $82,500 $5,944 + 22% of the amount over $51,800
24% $82,500 - $157,500 $12,698 + 24% of the amount over $82,500
32% $157,500 - $200,000 $30,698 + 32% of the amount over $157,500
35% $200,000 - $500,000 $44,298 + 35% of the amount over $200,000
37% Over $500,000 $149,298 + 37% of the amount over $500,000

2018 Standard Deductions

Filing Status Standard Deduction
Single $12,000
Married Filing Jointly $24,000
Married Filing Separately $12,000
Head of Household $18,000

2018 Trusts & Estates

Rate Income
10% $0 - $2,550
24% $2,551 - $9,150
35% $9,151 - $12,500
37% $12,501 +

Alternative Min. Tax Exemptions

Filing Status Exemption Amount
Individual $70,300
Married Filing Jointly $109,400
Married Filing Separately $54,700