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2018 Federal Income Tax Brackets and New Tax Rates – NerdWallet

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2018 Federal Income Tax Brackets and New Tax Rates - NerdWallet 1

In 2018, there are seven federal tax brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. The bracket is dependent upon taxable earnings and submitting standing.

Our desk exhibits the tax brackets and federal earnings tax charges that apply to the 2018 tax yr and relate to the tax return you’ll file in 2019.

2018 Federal Income Tax Brackets

Tax price Taxable earnings bracket Tax owed
10% $Zero to $13,600 10% of taxable earnings
12% $13,601 to $51,800 $1,360 plus 12% of the quantity over $13,600
22% $51,801 to $82,500 $5,944 plus 22% of the quantity over $51,800
24% $82,501 to $157,500 $12,698 plus 24% of the quantity over $82,500
32% $157,501 to $200,000 $30,698 plus 32% of the quantity over $157,500
35% $200,001 to $500,000 $44,298 plus 35% of the quantity over $200,000
37% $500,001 or extra $149,298 plus 37% of the quantity over $500,000

In search of extra on the 2018 tax adjustments? Dig in with our full breakdown of the brand new tax regulation.

How tax brackets work

The US has a progressive tax system, which means folks with larger taxable incomes pay larger federal earnings tax charges.

2018 tax brackets Example 1_Mobile 
Example 2_Mobile_Updated 

The best way to get right into a decrease tax bracket and pay a decrease federal earnings tax price

Two widespread methods of decreasing your tax invoice are credit and deductions.

In different phrases: Take all of the tax deductions you may declare — they will scale back your taxable earnings and may kick you to a decrease bracket, which suggests you pay a decrease tax price.

Being ‘in’ a tax bracket doesn’t imply you pay that price on the whole lot you make.

Subsequent steps

For those who’re able to file, we might help you select tax software program and discover the quickest technique to get your refund.

In the long run, taking steps to cut back your taxable earnings can go hand in hand with saving for retirement and property planning to depart extra to your heirs.

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Tax price Single Married, submitting collectively Married, submitting individually Head of family
10% $Zero to $9,325 $Zero to $18,650 $Zero to $9,325 $Zero to $13,350
15% $9,326 to $37,950 $18,651 to $75,900 $9,326 to $37,950 $13,351 to $50,800
25% $37,951 to $91,900 $75,901 to $153,100 $37,951 to $76,550 $50,801 to $131,200
28% $91,901 to $191,650 $153,101 to $233,350 $76,551 to $116,675 $131,201 to $212,500
33% $191,651 to $416,700 $233,351 to $416,700 $116,676 to $208,350 $212,501 to $416,700
35% $416,701 to $418,400 $416,701 to $470,700 $208,351 to $235,350 $416,701 to $444,550
39.6% $418,401 or extra $470,701 or extra $235,351 or extra $444,551 or extra
Tax price Single Married, submitting collectively Married, submitting individually Head of family
10% $Zero to $9,275 $Zero to $18,550 $Zero to $9,275 $Zero to $13,250
15% $9,276 to $37,650 $18,550 to $75,300 $9,275 to $37,650 $13,250 to $50,400
25% $37,650 to $91,150 $75,300 to $151,900 $37,650 to $75,950 $50,400 to $130,150
28% $91,150 to $190,150 $151,900 to $231,450 $75,950 to $115,725 $130,150 to $210,800
33% $190,150 to $413,350 $231,450 to $413,350 $115,725 to $206,675 $210,800 to $413,350
35% $413,350 to $415,050 $413,350 to $466,950 $206,675 to $233,475 $413,350 to $441,000
39.6% $415,050 or extra $466,950 or extra $233,475 or extra $441,000 or extra
Tax price Single Married, submitting collectively Married, submitting individually Head of family
10% $Zero to $9,225 $Zero to $18,450 $Zero to $9,225 $Zero to $13,150
15% $9,226 to $37,450 $18,451 to $74,900 $9,226 to $37,450 $13,151 to $50,200
25% $37,451 to $90,750 $74,901 to $151,200 $37,451 to $75,600 $50,201 to $129,600
28% $90,751 to $189,300 $151,201 to $230,450 $75,601 to $115,225 $129,601 to $209,850
33% $189,301 to $411,500 $230,451 to $411,500 $115,226 to $205,750 $209,851 to $411,500
35% $411,501 to $413,200 $411,501 to $464,850 $205,751 to $232,425 $411,501 to $439,000
39.6% $413,201 or extra $464,851 or extra $232,426 or extra $439,001 or extra
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Tax price Single Married, submitting collectively Married, submitting individually Head of family
10% $Zero to $9,075 $Zero to $18,150 $Zero to $9,075 $Zero to $12,950
15% $9,076 to $36,900 $18,151 to $73,800 $9,076 to $36,900 $12,951 to $49,400
25% $36,901 to $89,350 $73,801 to $148,850 $36,901 to $74,425 $49,401 to $127,550
28% $89,351 to $186,350 $148,851 to $226,850 $74,426 to $113,425 $127,551 to $206,600
33% $186,351 to $405,100 $226,851 to $405,100 $113,426 to $202,550 $206,601 to $405,100
35% $405,101 to $406,750 $405,101 to $457,600 $202,551 to $228,800 $405,101 to $432,200
39.6% $406,751 or extra $457,601 or extra $228,801 or extra $432,201 or extra

2013 Federal Income Tax Brackets

Tax price Single Married, submitting collectively Married, submitting individually Head of family
10% $Zero to $8,925 $Zero to $17,850 $Zero to $8,925 $Zero to $12,750
15% $8,926 to $36,250 $17,851 to $72,500 $8,926 to $36,250 $12,751 to $48,600
25% $36,251 to $87,850 $72,501 to $146,400 $36,251 to $73,200 $48,601 to $125,450
28% $87,851 to $183,250 $146,401 to $223,050 $73,201 to $111,525 $125,451 to $203,150
33% $183,251 to $398,350 $223,051 to $398,350 $111,526 to $199,175 $203,151 to $398,350
35% $398,351 to $400,000 $398,351 to $450,000 $199,176 to $225,000 $398,351 to $425,000
39.6% $400,001 or extra $450,001 or extra $225,001 or extra $425,001 or extra

2012 Federal Income Tax Brackets

Tax price Single Married, submitting collectively Married, submitting individually Head of family
10% $Zero to $8,700 $Zero to $17,400 $Zero to $8,700 $Zero to $12,400
15% $8,701 to $35,350 $17,401 to $70,700 $8,701 to $35,350 $12,401 to $47,350
25% $35,351 to $85,650 $70,701 to $142,700 $35,351 to $71,350 $47,351 to $122,300
28% $85,651 to $178,650 $142,701 to $217,450 $71,351 to $108,725 $122,301 to $198,050
33% $178,651 to $388,350 $217,451 to $388,350 $108,726 to $194,175 $198,051 to $388,350
35% $388,351 or extra $388,351 or extra $194,1756 or extra $388,351 or extra
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