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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