IRS Tax Brackets For 2019

US Tax Bracket 2019- All at One Place

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 HouseholdIncome 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 JointlyIncome  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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