2018 Tax Brackets

What the 2018 tax brackets, standard deductions look like under tax reform

2018 Income Tax Brackets:

Old Rate New Rate Individuals Married Filing Jointly
10% 10% Up to $9,525 Up to $19,050
15% 12% $9,526 to $38,700 $19,051 to $77,400
25% 22% 38,701 to $82,500 $77,401 to $165,000
28% 24% $82,501 to $157,500 $165,001 to $315,000
33% 32% $157,501 to $200,000 $315,001 to $400,000
35% 35% $200,001 to $500,000 $400,001 to $600,000
39.6% 37% over $500,000 over $600,000

 

  • Capital Gains – Capital gain rates remain the same as 2017 at 0%, 15% and 20%. However because of the changes in individual tax rates the 2018 thresholds have changed. For 2018, the 0% rate is for taxable income up to $77.200 for married filing jointly, 15% for taxable income between $77,201 and $479,000 and the 20% for taxable income greater than $479,001.

 

Standard Deduction Increased:

For tax years beginning after 12/31/17 and before 1/1/2026, the standard deduction is increased to:

 

Old Rate New Rate  
$12, 700 $24,000 Married Filing jointly
$9,350 $18,000 Head of Household
$6,350 $12,000 All other taxpayers
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