The New 2019 Federal Income Tax Brackets and Rates for Capital Gains , all at one place .In 2019, the income limits for all tax brackets and all filers will be adjusted for inflation . The top marginal income tax rate of 37 percent will hit taxpayers with taxable income of $510,300 and higher for single filers and $612,350 and higher for married couples filing jointly. You can see federal tax bracket for 2018
Tax Brackets and Rates, 2019
Unmarried Individuals
Rate
|
Taxable Income Over
|
| 10% |
$0 |
| 12% |
$9700 |
| 22% |
$39,475 |
| 24% |
$84,200 |
| 32% |
$160,725 |
| 35% |
$204,100 |
| 37% |
$510,300 |
Married Individuals, Filing Joint Returns
Rate
|
Taxable Income Over
|
| 10% |
$0 |
| 12% |
$19,400 |
| 22% |
$78,950 |
| 24% |
$168,400 |
| 32% |
$321,450 |
| 35% |
$408,200 |
| 37% |
$612,350 |
Heads of Households
Rate
|
Taxable Income Over
|
| 10% |
$0 |
| 12% |
$13,850 |
| 22% |
$52,850 |
| 24% |
$84,200 |
| 32% |
$160,700 |
| 35% |
$204,100 |
| 37% |
$510,300 |
Standard Deduction 2019
Filing Status
|
Deduction Amount
|
| Single |
$12,200 |
| Married Filing Jointly |
$24,400 |
| Head of Household |
$18,350 |
Alternative Minimum Tax Exemptions, 2019
Filing Status
|
Deduction Amount
|
| Unmarried Individuals |
$71,700 |
| Married Filing Jointly |
$111,700 |
Alternative Minimum Tax Exemption Phaseout Thresholds, 2019
Filing Status
|
Threshold
|
| Unmarried Individuals |
$510,300 |
| Married Filing Jointly |
$1,020,600 |
2019, Earned Income Tax Credit Parameters
Filing Status
|
|
No Children
|
One Child
|
Two Children
|
Three or More Children
|
| Single or Head of Household |
Income at Max Credit |
$6,920 |
$10,370 |
$14,570 |
$14,570 |
| Maximum Credit |
$529 |
$3,526 |
$5,828 |
$6,557 |
| Phaseout Begins |
$8,650 |
$19,030 |
$19,030 |
$19,030 |
Phaseout Ends (Credit
Equals Zero) |
$15,570 |
$41,094 |
$46,703 |
$50,162 |
| Married Filing Jointly |
Income at Max Credit |
$6,920 |
$10,370 |
$14,570 |
$14,570 |
| Maximum Credit |
$529 |
$3,526 |
$5,828 |
$6,557 |
| Phaseout Begins |
$14,450 |
$24,820 |
$24,820 |
$24,820 |
| Phaseout Ends (Credit Equals Zero) |
$21,370 |
$46,884 |
$52,493 |
$55,952 |
2019, Capital Gains Brackets
|
For Unmarried Individuals, Capital Gains Over
|
For Married Individuals Filing Joint Returns, Capital Gains Over
|
For Heads of Households, Capital Gains Over
|
| 0% |
$0 |
$0 |
$0 |
| 15% |
$39,375 |
$78,750 |
$52,750 |
| 20% |
$434,550 |
$488,850 |
$461,700 |
2019, Qualified Business Income Deduction Thresholds
Filing Status
|
Threshold
|
| Unmarried Individuals |
$160,700 |
| Married Filing Jointly |
$321,400 |
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