Tax Brackets

Tax brackets have changed. Tax rates for basically reduced for all tax brackets and the brackets have changed.

MFS – Married Filing Single, MFJ – Married Filing Joint, S – Single, FS – Filing Single

Tax Rate Single and MFS MFJ Head of Household
10% Up to $9,525 Up to $19,050 Up to $13,600
12% $9,526-$38,700 $19,051-$77,400 $13,601-$51,800
22% $38,701-$82,500 $77,401-$165,000 $51,801-$82,500
24% $82,501-$157,500 $165,001-$315,000 $82,501-$157,500
32% $157,501-$200,000 $315,001-$400,000 $157,501-$200,000
35% S: $200,001-$500,000 $400,001-$600,000 $200,001-$500,000
FS: $200,001-$300,000
37% S-$500,001+ $600,000+ $500,000+
MFS: $300,000+

Capital Gains rate

10% -12% bracket = 0% Capital Gains Rate
22% – 32% bracket = 15% Capital Gains Rate
35%-37% Bracket = 20% Capital Gains Rate