Note taxable income is calculated by deducting IRA, 401K, 403b, HSA, medical and dental premiums and standard deductions from your gross income [Assuming your total deductions are less than standard deductions]
MARRIED INDIVIDUALS FILING JOINT RETURNS AND SURVIVING SPOUSES.
TAXABLE INCOME TAX
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.
HEADS OF HOUSEHOLDS.
TAXABLE INCOME TAX
Not over $13,600 ………………………………………10% of 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.
Over $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.
UNMARRIED INDIVIDUALS OTHER THAN SURVIVING SPOUSES AND HEADS OF HOUSEHOLDS.
TAXABLE INCOME TAX
Not over $9,525 ………………………………………..10% of taxable income.
Over $9,525 but not over $38,700 …………..$952.50, plus 12% of the excess over $9,525.
Over $38,700 but not over $82,500 …………$4,453.50, plus 22% of the excess over $38,700.
Over $82,500 but not over $157,500 ……….$14,089.50, plus over $82,500.
Over $157,500 but not over $200,000 ……..$32,089.50, plus over $157,500.
Over $200,000 but not over $500,000 ……..$45,689.50, plus over $200,000.
Over $500,000 ………………………………………..$150,689.50, plus 37% of the excess over $500,000.
MARRIED INDIVIDUALS FILING SEPARATE RETURNS.
TAXABLE INCOME TAX
Not over $9,525 …………………………………………10% of taxable income.
Over $9,525 but not over $38,700 ……………$952.50, plus 12% of the excess over $9,525.
Over $38,700 but not over $82,500 ………….$4,453.50, plus 22% of the excess
Over $82,500 but not over $157,500 ………..$14,089.50, plus 24% 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 $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.
ESTATES AND TRUSTS.
TAXABLE INCOME TAX
Not over $2,550 ………………………………………10% of taxable income.
Over $2,550 but not over $9,150 ……………..$255, plus 24% of the excess over $2,550.
Over $9,150 but not over $12,500 ……………$1,839, plus 35% of the excess over $9,150.
Over $12,500 ………………………………………….$3,011.50, plus 37% of the excess over $12,500.
Curry-Finance 