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Tax brackets federal 2018

$1,360 plus 12% of excess over $13,600. Over $82,500 but not over $157,500. 2018 tax brackets. Here are the tax rates and their corresponding tax brackets based on filing status:2018-2025 tax brackets for Married Filing Joint and Surviving Spouses. Over $13,600 but not over $51,800. The amount of tax you owe depends on your income level and filing status. Not over $13,600. $12,698 plus 24% of the excess over $82,500. Here's how the new tax plan will change federal income tax brackets in …New Federal Income Tax Brackets 2017 - 2018, Chart. Over $157,500 but not over $200,000Aug 30, 2018 · The highest tax bracket that applies to your income determines your marginal tax rate. 2018 Individual Income Tax Brackets The Federal income tax has 7 rates: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. Tax reform set the individual income tax rates at 10%, 12%, 22%, 24%, 32%, 35% and 37%. If taxable income is: Then Income Tax Equals: 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 $315,000However, the new tax brackets will not affect taxes paid on tax day 2018 — which falls on April 17 this year — as Americans file tax returns for income earned in 2017, under the previous income tax brackets and law. $5,944 plus 22% of the excess over $51,800. 2018 Tax. Over $51,800 but not over $82,500. 10% of the taxable income

 
 
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