For 2019 tax brackets and more, please click to our
Comprehensive Master Tax guide .
Federal Individual Income Tax Tates
| If taxable income is: | Then the income tax equals: |
| Not over $9,525 | 10% of taxable income |
| Over $9,525 but not over $82,500 | $952.50 plus 12% of the excess over $9,525 |
| Over $38,700 but not over $157,500 | $4,453.50 plus 22% of the excess over $82,500 |
| Over $157,500 but not over $200,000 | $32,089.50 plus 32% of the excess over $157,500 |
| Over $200,000 but not over $500,000 | $45,689.50 plus 35% of the excess over $200,000 |
| Over $500,000 | $150,689.50 plus 37% of the excess over $500,000 |
| If taxable income is: | Then Income Tax Equals: |
| Not over $19,050 | 10% of taxable income |
| Over $19,050 but not over $77,400 | $1,905 plus 12% of the excess over $19,050 |
| Over $77,400 but not over $165,000 | $8,907 plus 22% of the excess over $77,400 |
| Over $165,000 but not over $315,000 | $28,179 plus 24% of the excess over $165,000 |
| Over $315,000 but not over $400,000 | $64,179 plus 32% of the excess over $315,000 |
| Over $400,000 but not over $600,000 | $91,379 plus 35% of the excess over $400,000 |
| Over $600,000 | $161,379 plus 37% of the excess over $600,000 |
| If Taxable Income Is: | Then Income Tax Equals: |
| Not over $9,525 | 10% of taxable income |
| Over $9,525 but not over $38,700 | $952.50 plus 12% of the excess over $38,700 |
| Over $38,700 but not over $82,500 | $4,453.50 plus 22% of the excess over $82,500 |
| Over $82,500 but not over $157,500 | $14,089.50 plus 34% of the excess over $157,500 |
| Over $157,500 but not over $200,000 | $32,089.50 plus 32% of the excess over $200,000 |
| Over $200,000 but not over $300,000 | $45,689.50 plus 35% of the excess over $200,000 |
| Over $300,000 | $80,689.50 plus 37% of the excess over $300,000 |
| If Taxable Income is: | Then Income Tax Equals: |
| Not over $13,600 | 10% of the taxable income |
| Over $13,600 but not over $51,800 | $1,360 plus 12% of the excess over $13,600 |
| Over $51,800 but not over $82,500 | $5,944 plus 22% of the excess over $51,800 |
| Over $82,500 but not over $157,500 | $12,698 plus 24% of the excess over $82,500 |
| )ver $157,500 but not over $200,000 | $30,698 plus 32% of the excess over $157,500 |
| Over $200,000 but not over $500,000 | $44,298 plus 35% of the excess over $200,000 |
| Over $500,000 | $149,298 plus 37% of the excess over $500,000 |
2018 Pass-through, sole proprietor and partnership tax rates
Tax rates for pass-through entities (S-corps), sole proprietors, and parternships are the tax rates from the personal tax tables above.
IMPORTANT NOTE: The Quallfied Business Income deduction may apply and could save you a tremendous amount on your taxes. Read about the Qualified Business Income (QBI) deduction here.
2018 Corporate Tax Rates
Tax Reform eliminated the numerous tax brackets for corporations and instead imposed instead a tax rate of 21% tax on C-corp income.
Important notes:
These tables do not include employment taxes such as Medicare and Social Security taxes. These table do not include dividend or long term capital gains rates. Dividends and long term taxable gains can be taxed up to 23.8% (top rate of 20% plus a 3.8% ObamaCare surcharge).
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