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2022 Tax Rates Schedule X – Single

If taxable income is overBut not overThe tax is
$0$10,27510% of the taxable amount
$10,275$41,775$1,027.50 plus 12% of the excess over $10,275
$41,775$89,075$4,807.50 plus 22% of the excess over $41,775
$89,075$170,050$15,213.50 plus 24% of the excess over $89,075
$170,050$215,950$34,647.50 plus 32% of the excess over $170,050
$215,950$539,900$49,335.50 plus 35% of the excess over $215,950
$539,900no limit$162,718.00 plus 37% of the excess over $539,900

2022 Tax Rates Schedule Y-1 – Married Filing Jointly or Qualifying Widow(er)

If taxable income is overBut not overThe tax is
$0$20,55010% of the taxable amount
$20,550$83,550$2,055.00 plus 12% of the excess over $20,550
$83,550$178,150$9,615.00 plus 22% of the excess over $83,550
$178,150$340,100$30,427.00 plus 24% of the excess over $178,150
$340,100$431,900$69,295.00 plus 32% of the excess over $340,100
$431,900$647,850$98,671.00 plus 35% of the excess over $431,900
$647,850no limit$174,253.50 plus 37% of the excess over $647,850

2022 Tax Rates Schedule Y-2 – Married Filing Separately

If taxable income is overBut not overThe tax is
$0$10,27510% of the taxable amount
$10,275$41,775$1,027.50 plus 12% of the excess over $10,275
$41,775$89,075$4,807.50 plus 22% of the excess over $41,775
$89,075$170,050$15,213.50 plus 24% of the excess over $89,075
$170,050$215,950$34,647.50 plus 32% of the excess over $170,050
$215,950$323,925$49,335.50 plus 35% of the excess over $215,950
$323,925no limit$87,126.75 plus 37% of the excess over $323,925

2022 Tax Rates Schedule Z – Head of Household

If taxable income is overBut not overThe tax is
$0$14,65010% of the taxable amount
$14,650$55,900$1,465.00 plus 12% of the excess over $14,650
$55,900$89,050$6,415.00 plus 22% of the excess over $55,900
$89,050$170,050$13,708.00 plus 24% of the excess over $89,050
$170,050$215,950$33,148.00 plus 32% of the excess over $170,050
$215,950$539,900$47,836.00 plus 35% of the excess over $215,950
$539,900no limit$161,218.50 plus 37% of the excess over $539,900

2022 Tax Rates Estates & Trusts

If taxable income is overBut not overThe tax is
$0$2,75010% of the taxable income
$2,750$9,850$275 plus 24% of the excess over $2,750
$9,850$13,450$1,979 plus 35% of the excess over $9,850
$13,450no limit$3,239 plus 37% of the excess over $13,450

Social Security 2022 Tax Rates

Base Salary$147,000
Social Security Tax Rate6.20%
Maximum Social Security Tax$9,114
Medicare Base Salaryunlimited
Medicare Tax Rate1.45%

Additional Medicare 2022 Tax Rates

Additional Medicare Tax0.90%
Filing statusCompensation over
Married filing jointly$250,000
Married filing separate$125,000
Single$200,000
Head of household (with qualifying person)$200,000
Qualifying widow(er) with dependent child$200,000

Education 2022 Credit and Deduction Limits

American Opportunity Tax Credit (Hope)$2,500
Lifetime Learning Credit$2,000
Student Loan Interest Deduction$2,500
Coverdell Education Savings Contribution$2,000

Miscellaneous 2022 Tax Rates

Standard Deduction:
Married filing jointly or Qualifying Widow(er)$25,900
Head of household$19,400
Single or Married filing separately$12,950
Business Equipment Expense Deduction$1,080,000
Prior-year safe harbor for estimated taxes of higher-income110% of your 2021 tax liability
Standard mileage rate for business driving58.5 cents Jan. 1 – June 30, 2022; 62.5 cents July 1 – Dec. 31, 2022
Standard mileage rate for medical/moving driving18 cents Jan. 1 – June 30, 2022; 22 cents July 1 – Dec. 31, 2022
Standard mileage rate for charitable driving14 cents
Child Tax Credit$2,000 per qualifying child
Maximum capital gains tax rate for taxpayers with adjusted net capital gain up to $83,350 for joint filers and surviving spouses, $55,800 for heads of household, $41,675 for single filers, $41,675 for married taxpayers filing separately, and $2,800 for estates and trusts0%
Maximum capital gains tax rate for taxpayers with adjusted net capital gain over the amount subject to the 0% rate, and up to $517,200 for joint filers and surviving spouses, $488,500 for heads of household, $459,750 for single filers, $258,600 for married taxpayers filing separately, and $13,700 for estates and trusts15%
Maximum capital gains tax rate for taxpayers with adjusted net capital gain over $517,200 for joint filers and surviving spouses, $488,500 for heads of household, $459,750 for single filers, $258,600 for married taxpayers filing separately, and $13,700 for estates and trusts20%
Long-term gain attributable to certain depreciation recapture25%
Capital gains tax rate on collectibles and qualified small business stock28%
Maximum contribution for Traditional/Roth IRA$6,000 if under age 50
$7,000 if 50 or older
Maximum employee contribution to SIMPLE IRA$14,000 if under age 50
$17,000 if 50 or older
Maximum Contribution to SEP IRA25% of compensation up to $61,000
401(k) maximum employee contribution limit$20,500 if under age 50
$27,000 if 50 or older
Self-employed health insurance deduction100%
Estate tax exemption$12,060,000
Annual Exclusion for Gifts$16,000
Foreign Earned Income Exclusion$112,000

2021 Tax Rates Schedule X – Single

If taxable income is overBut not overThe tax is
$0$9,95010% of the taxable amount
$9,950$40,525$995 plus 12% of the excess over $9,950
$40,525$86,375$4,664 plus 22% of the excess over $40,525
$86,375$164,925$14,751 plus 24% of the excess over $86,375
$164,925$209,425$33,603 plus 32% of the excess over $164,925
$209,425$523,600$47,843 plus 35% of the excess over $209,425
$523,600no limit$157,804.25 plus 37% of the excess over $523,600

2021 Tax Rates Schedule Y-1 – Married Filing Jointly or Qualifying Widow(er)

If taxable income is overBut not overThe tax is
$0$19,90010% of the taxable amount
$19,990$81,050$1,990 plus 12% of the excess over $19,990
$81,050$172,750$9,328 plus 22% of the excess over $81,050
$172,750$329,850$29,502 plus 24% of the excess over $172,750
$329,850$418,850$67,206 plus 32% of the excess over $329,850
$418,850$628,300$95,686 plus 35% of the excess over $418,850
$628,300no limit$168,993.50 plus 37% of the excess over $628,300

2021 Tax Rates Schedule Y-2 – Married Filing Separately

If taxable income is overBut not overThe tax is
$0$9,95010% of the taxable amount
$9,950$40,525$995 plus 12% of the excess over $9,950
$40,525$86,375$4,664 plus 22% of the excess over $40,525
$86,375$164,925$14,751 plus 24% of the excess over $86,375
$164,925$209,425$33,603 plus 32% of the excess over $164,925
$209,425$314,150$47,843 plus 35% of the excess over $209,425
$314,150no limit$84,496.75 plus 37% of the excess over $314,150

2021 Tax Rates Schedule Z – Head of Household

If taxable income is overBut not overThe tax is
$0$14,20010% of the taxable amount
$14,200$54,200$1,420 plus 12% of the excess over $14,200
$54,200$86,350$6,220 plus 22% of the excess over $54,200
$86,350$164,900$13,293 plus 24% of the excess over $86,350
$164,900$209,400$32,145 plus 32% of the excess over $164,900
$209,400$523,600$46,385 plus 35% of the excess over $209,400
$523,600no limit$156,355 plus 37% of the excess over $523,600

2021 Tax Rates Estates & Trusts

If taxable income is overBut not overThe tax is
$0$2,65010% of the taxable income
$2,650$9,550$265 plus 24% of the excess over $2,650
$9,550$13,050$1,921 plus 35% of the excess over $9,550
$13,050no limit$3,146 plus 37% of the excess over $13,050

Social Security 2021 Tax Rates

Base Salary$142,800
Social Security Tax Rate6.20%
Maximum Social Security Tax$8,853.60
Medicare Base Salaryunlimited
Medicare Tax Rate1.45%

Additional Medicare 2021 Tax Rates

Additional Medicare Tax0.90%
Filing statusCompensation over
Married filing jointly$250,000
Married filing separate$125,000
Single$200,000
Head of household (with qualifying person)$200,000
Qualifying widow(er) with dependent child$200,000

Education 2021 Credit and Deduction Limits

American Opportunity Tax Credit (Hope)$2,500
Lifetime Learning Credit$2,000
Student Loan Interest Deduction$2,500
Coverdell Education Savings Contribution$2,000

Miscellaneous 2021 Tax Rates

Standard Deduction:
Married filing jointly or Qualifying Widow(er)$25,100
Head of household$18,800
Single or Married filing separately$12,550
Business Equipment Expense Deduction$1,050,000
Prior-year safe harbor for estimated taxes of higher-income110% of your 2020 tax liability
Standard mileage rate for business driving56 cents
Standard mileage rate for medical/moving driving16 cents
Standard mileage rate for charitable driving14 cents
Child Tax Credit$2,000 per qualifying child
Maximum capital gains tax rate for taxpayers with adjusted net capital gain up to $80,800 for joint filers and surviving spouses, $54,100 for heads of household, $40,400 for single filers, $40,400 for married taxpayers filing separately, and $2,700 for estates and trusts0%
Maximum capital gains tax rate for taxpayers with adjusted net capital gain over the amount subject to the 0% rate, and up to $501,600 for joint filers and surviving spouses, $473,750 for heads of household, $445,850 for single filers, $250,800 for married taxpayers filing separately, and $13,250 for estates and trusts15%
Maximum capital gains tax rate for taxpayers with adjusted net capital gain over $501,600 for joint filers and surviving spouses, $473,750 for heads of household, $445,850 for single filers, $250,800 for married taxpayers filing separately, and $13,250 for estates and trusts20%
Long-term gain attributable to certain depreciation recapture25%
Capital gains tax rate on collectibles and qualified small business stock28%
Maximum contribution for Traditional/Roth IRA$6,000 if under age 50
$7,000 if 50 or older
Maximum employee contribution to SIMPLE IRA$13,500 if under age 50
$16,500 if 50 or older
Maximum Contribution to SEP IRA25% of compensation up to $58,000
401(k) maximum employee contribution limit$19,500 if under age 50
$26,000 if 50 or older
Self-employed health insurance deduction100%
Estate tax exemption$11,700,000
Annual Exclusion for Gifts$15,000
Foreign Earned Income Exclusion$108,700

2020 Tax Rates Schedule X – Single

If taxable income is overBut not overThe tax is
$0$9,87510% of the taxable amount
$9,875$40,125$987.50 plus 12% of the excess over $9,875
$40,125$85,525$4,617.50 plus 22% of the excess over $40,125
$85,525$163,300$14,605.50 plus 24% of the excess over $85,525
$163,300$207,350$33,271.50 plus 32% of the excess over $163,300
$207,350$518,400$47,367.50 plus 35% of the excess over $207,350
$518,400no limit$156,235.00 plus 37% of the excess over $518,400

2020 Tax Rates Schedule Y-1 – Married Filing Jointly or Qualifying Widow(er)

If taxable income is overBut not overThe tax is
$0$19,75010% of the taxable amount
$19,750$80,250$1,975.00 plus 12% of the excess over $19,750
$80,250$171,050$9,235.00 plus 22% of the excess over $80,250
$171,050$326,600$29,211.00 plus 24% of the excess over $171,050
$326,600$414,700$66,543.00 plus 32% of the excess over $326,600
$414,700$622,050$94,735.00 plus 35% of the excess over $414,700
$622,050no limit$167,307.50 plus 37% of the excess over $622,050

2020 Tax Rates Schedule Y-2 – Married Filing Separately

If taxable income is overBut not overThe tax is
$0$9,87510% of the taxable amount
$9,875$40,125$987.50 plus 12% of the excess over $9,875
$40,125$85,525$4,617.50 plus 22% of the excess over $40,125
$85,525$163,300$14,605.50 plus 24% of the excess over $85,525
$163,300$207,350$33,271.50 plus 32% of the excess over $163,300
$207,350$311,025$47,367.50 plus 35% of the excess over $207,350
$311,025no limit$83,653.75 plus 37% of the excess over $311,025

2020 Tax Rates Schedule Z – Head of Household

If taxable income is overBut not overThe tax is
$0$14,10010% of the taxable amount
$14,100$53,700$1,410.00 plus 12% of the excess over $14,100
$53,700$85,500$6,162.00 plus 22% of the excess over $53,700
$85,500$163,300$13,158.00 plus 24% of the excess over $85,500
$163,300$207,350$31,830.00 plus 32% of the excess over $163,300
$207,350$518,400$45,926.00 plus 35% of the excess over $207,350
$518,400no limit$154,793.50 plus 37% of the excess over $518,400

2020 Tax Rates Estates & Trusts

If taxable income is overBut not overThe tax is
$0$2,60010% of the taxable income
$2,600$9,450$260.00 plus 24% of the excess over $2,600
$9,450$12,950$1,904.00 plus 35% of the excess over $9,450
$12,950no limit$3,129.00 plus 37% of the excess over $12,950

Social Security 2020 Tax Rates

Base Salary$137,700
Social Security Tax Rate6.20%
Maximum Social Security Tax$8,537.40
Medicare Base Salaryunlimited
Medicare Tax Rate1.45%

Additional Medicare 2020 Tax Rates

Additional Medicare Tax0.90%
Filing statusCompensation over
Married filing jointly$250,000
Married filing separate$125,000
Single$200,000
Head of household (with qualifying person)$200,000
Qualifying widow(er) with dependent child$200,000

Education 2020 Credit and Deduction Limits

American Opportunity Tax Credit (Hope)$2,500
Lifetime Learning Credit$2,000
Student Loan Interest Deduction$2,500
Coverdell Education Savings Contribution$2,000

Miscellaneous 2020 Tax Rates

Standard Deduction:
Married filing jointly or Qualifying Widow(er)$24,800
Head of household$18,650
Single or Married filing separately$12,400
Business Equipment Expense Deduction$1,040,000
Prior-year safe harbor for estimated taxes of higher-income110% of your 2019 tax liability
Standard mileage rate for business driving57.5 cents
Standard mileage rate for medical/moving driving17 cents
Standard mileage rate for charitable driving14 cents
Child Tax Credit$2,000 per qualifying child
Maximum capital gains tax rate for taxpayers with adjusted net capital gain up to $80,000 for joint filers and surviving spouses, $53,600 for heads of household, $40,000 for single filers, $40,000 for married taxpayers filing separately, and $2,650 for estates and trusts0%
Maximum capital gains tax rate for taxpayers with adjusted net capital gain over the amount subject to the 0% rate, and up to $496,600 for joint filers and surviving spouses, $469,050 for heads of household, $441,450 for single filers, $248,300 for married taxpayers filing separately, and $13,150 for estates and trusts15%
Maximum capital gains tax rate for taxpayers with adjusted net capital gain over $496,600 for joint filers and surviving spouses, $469,050 for heads of household, $441,450 for single filers, $248,300 for married taxpayers filing separately, and $13,150 for estates and trusts20%
Capital gains tax rate for unrecaptured Sec. 1250 gains25%
Capital gains tax rate on collectibles and qualified small business stock28%
Maximum contribution for Traditional/Roth IRA$6,000 if under age 50
$7,000 if 50 or older
Maximum employee contribution to SIMPLE IRA$13,500 if under age 50
$16,500 if 50 or older
Maximum Contribution to SEP IRA25% of compensation up to $57,000
401(k) maximum employee contribution limit$19,500 if under age 50
$26,000 if 50 or older
Self-employed health insurance deduction100%
Estate tax exemption$11,580,000
Annual Exclusion for Gifts$15,000
Foreign Earned Income Exclusion$107,600

2019 Tax Rates Schedule X – Single

If taxable income is overBut not overThe tax is
$0$9,70010% of the taxable amount
$9,700$39,475$970.00 plus 12% of the excess over $9,700
$39,475$84,200$4,543.00 plus 22% of the excess over $39,475
$84,200$160,725$14,382.50 plus 24% of the excess over $84,200
$160,725$204,100$32,748.50 plus 32% of the excess over $160,725
$204,100$510,300$46,628.50 plus 35% of the excess over $204,100
$510,300no limit$153,798.50 plus 37% of the excess over $510,300

2019 Tax Rates Schedule Y-1 – Married Filing Jointly or Qualifying Widow(er)

If taxable income is overBut not overThe tax is
$0$19,40010% of the taxable amount
$19,400$78,950$1,940.00 plus 12% of the excess over $19,400
$78,950$168,400$9,086.00 plus 22% of the excess over $78,950
$168,400$321,450$28,765.00 plus 24% of the excess over $168,400
$321,450$408,200$65,497.00 plus 32% of the excess over $321,450
$408,200$612,350$164,709.50 plus 35% of the excess over $408,200
$612,350no limit$153,798.50 plus 37% of the excess over $612,350

2019 Tax Rates Schedule Y-2 – Married Filing Separately

If taxable income is overBut not overThe tax is
$0$9,70010% of the taxable amount
$9,700$39,475$970.00 plus 12% of the excess over $9,700
$39,475$84,200$4,543.00 plus 22% of the excess over $39,475
$84,200$160,725$14,382.50 plus 24% of the excess over $84,200
$160,725$204,100$32,748.50 plus 32% of the excess over $160,725
$204,100$306,175$46,628.50 plus 35% of the excess over $204,100
$306,175no limit$82,354.75 plus 37% of the excess over $306,175

2019 Tax Rates Schedule Z – Head of Household

If taxable income is overBut not overThe tax is
$0$13,85010% of the taxable amount
$13,850$52,850$1,385.00 plus 12% of the excess over $13,850
$52,850$84,200$6,065.00 plus 22% of the excess over $52,850
$84,200$160,700$12,962.00 plus 24% of the excess over $84,200
$160,700$204,100$31,322.00 plus 32% of the excess over $160,700
$204,100$510,300$45,210.00 plus 35% of the excess over $204,100
$510,300no limit$152,380.00 plus 37% of the excess over $510,300

2019 Tax Rates Estates & Trusts

If taxable income is overBut not overThe tax is
$0$2,60010% of the taxable income
$2,600$9,300$260.00 plus 24% of the excess over $2,600
$9,300$12,750$1,868.00 plus 35% of the excess over $9,300
$12,750no limit$3,075.50 plus 37% of the excess over $12,750

Social Security 2019 Tax Rates

Base Salary$132,900
Social Security Tax Rate6.20%
Maximum Social Security Tax$8,239.80
Medicare Base Salaryunlimited
Medicare Tax Rate1.45%

Additional Medicare 2019 Tax Rates

Additional Medicare Tax0.90%
Filing statusCompensation over
Married filing jointly$250,000
Married filing separate$125,000
Single$200,000
Head of household (with qualifying person)$200,000
Qualifying widow(er) with dependent child$200,000

Education 2019 Credit and Deduction Limits

American Opportunity Tax Credit (Hope)$2,500
Lifetime Learning Credit$2,000
Student Loan Interest Deduction$2,500
Coverdell Education Savings Contribution$2,000

Miscellaneous 2019 Tax Rates

Standard Deduction:
Married filing jointly or Qualifying Widow(er)$24,400
Head of household$18,350
Single or Married filing separately$12,200
Business Equipment Expense Deduction$1,020,000
Prior-year safe harbor for estimated taxes of higher-income110% of your 2018 tax liability
Standard mileage rate for business driving58 cents
Standard mileage rate for medical/moving driving20 cents
Standard mileage rate for charitable driving14 cents
Child Tax Credit$2,000 per qualifying child
Maximum capital gains tax rate for taxpayers with adjusted net capital gain up to $78,750 for joint filers and surviving spouses, $52,750 for heads of household, $39,375 for single filers, $39,375 for married taxpayers filing separately, and $2,650 for estates and trusts0%
Maximum capital gains tax rate for taxpayers with adjusted net capital gain over the amount subject to the 0% rate, and up to $488,850 for joint filers and surviving spouses, $461,700 for heads of household, $434,550 for single filers, $244,425 for married taxpayers filing separately, and $12,950 for estates and trusts15%
Maximum capital gains tax rate for taxpayers with adjusted net capital gain over $488,850 for joint filers and surviving spouses, $461,700 for heads of household, $434,550 for single filers, $244,425 for married taxpayers filing separately, and $12,950 for estates and trusts20%
Capital gains tax rate for unrecaptured Sec. 1250 gains25%
Capital gains tax rate on collectibles and qualified small business stock28%
Maximum contribution for Traditional/Roth IRA$6,000 if under age 50
$7,000 if 50 or older
Maximum employee contribution to SIMPLE IRA$13,000 if under age 50
$16,000 if 50 or older
Maximum Contribution to SEP IRA25% of compensation up to $55,000
401(k) maximum employee contribution limit$19,000 if under age 50
$25,000 if 50 or older
Self-employed health insurance deduction100%
Estate tax exemption$11,400,000
Annual Exclusion for Gifts$15,000
Foreign Earned Income Exclusion$105,900

2018 Tax Rates Schedule X – Single

If taxable income is overBut not overThe tax is
$0$9,52510% of the taxable amount
$9,525$38,700$952.50 plus 12% of the excess over $9,525
$38,700$82,500$4,453.50 plus 22% of the excess over $38,700
$82,500$157,500$14,089.50 plus 24% of the excess over $82,500
$157,500$200,000$32,089.50 plus 32% of the excess over $157,500
$200,000$500,000$45,689.50 plus 35% of the excess over $200,000
Over $500,000no limit$150,689.50 plus 37% of the excess over $500,000

2018 Tax Rates Schedule Y-1 – Married Filing Jointly or Qualifying Widow(er)

If taxable income is overBut not overThe tax is
$0$19,05010% of the taxable amount
$19,050$77,400$1,905 plus 12% of the excess over $19,050
$77,400$165,000$8,907 plus 22% of the excess over $77,400
$165,000$315,000$28,179 plus 24% of the excess over $165,000
$315,000$400,000$64,179 plus 32% of the excess over $315,000
$400,000$600,000$91,379 plus 35% of the excess over $400,000
$600,000no limit$161,379 plus 37% of the excess over $600,000

2018 Tax Rates Schedule Y-2 – Married Filing Separately

If taxable income is overBut not overThe tax is
$0$9,52510% of the taxable amount
$9,525$38,700$952.50 plus 12% of the excess over $9,525
$38,700$82,500$4,453.50 plus 22% of the excess over $38,700
$82,500$157,500$14,089.50 plus 24% of the excess over $82,500
$157,500$200,000$32,089.50 plus 32% of the excess over $157,500
$200,000$300,000$45,689.50 plus 35% of the excess over $200,000
Over $300,000no limit$80,689.50 plus 37% of the excess over $300,000

2018 Tax Rates Schedule Z – Head of Household

If taxable income is overBut not overThe tax is
$0$13,60010% of the taxable amount
$13,600$51,800$1,360 plus 12% of the excess over $13,600
$51,800$82,500$5,944 plus 22% of the excess over $51,800
$82,500$157,500$12,698 plus 24% of the excess over $82,500
$157,500$200,000$30,698 plus 32% of the excess over $157,500
$200,000$500,000$44,298 plus 35% of the excess over $200,000
$500,000no limit$149,298 plus 37% of the excess over $500,000

2018 Tax Rates Estates & Trusts

If taxable income is overBut not overThe tax is
$0$13,60010% of the taxable amount
$13,600$51,800$1,360 plus 12% of the excess over $13,600
$51,800$82,500$5,944 plus 22% of the excess over $51,800
$82,500$157,500$12,698 plus 24% of the excess over $82,500
$157,500$200,000$30,698 plus 32% of the excess over $157,500
$200,000$500,000$44,298 plus 35% of the excess over $200,000
$500,000no limit$149,298 plus 37% of the excess over $500,000

Social Security 2018 Tax Rates

Base Salary$128,400
Social Security Tax Rate6.2%
Maximum Social Security Tax$7,960.80
Medicare Base Salaryunlimited
Medicare Tax Rate1.45%

Additional Medicare 2018 Tax Rates

Additional Medicare Tax0.9%
Filing statusCompensation over
Married filing jointly$250,000
Married filing separate$125,000
Single$200,000
Head of household (with qualifying person)$200,000
Qualifying widow(er) with dependent child$200,000

Education 2018 Credit and Deduction Limits

American Opportunity Tax Credit (Hope)$2,500
Lifetime Learning Credit$2,000
Student Loan Interest Deduction$2,500
Coverdell Education Savings Contribution$2,000

Miscellaneous 2018 Tax Rates

Standard Deduction:
Married filing jointly or Qualifying Widow(er)$24,000
Head of household$18,000
Single or Married filing separately$12,000
Business Equipment Expense Deduction$1,000,000
Prior-year safe harbor for estimated taxes of higher-income110% of your 2017 tax liability
Standard mileage rate for business driving54.5 cents
Standard mileage rate for medical/moving driving18 cents
Standard mileage rate for charitable driving14 cents
Child Tax Credit$2,000 per qualifying child
Maximum capital gains tax rate for taxpayers with adjusted net capital gain up to $77,200 for joint filers and surviving spouses, $51,700 for heads of household, $38,600 for single filers, $38,600 for married taxpayers filing separately, and $2,600 for estates and trusts0%
Maximum capital gains tax rate for taxpayers with adjusted net capital gain over the amount subject to the 0% rate, and up to $479,000 for joint filers and surviving spouses, $452,400 for heads of household, $425,800 for single filers, $239,500 for married taxpayers filing separately, and $12,700 for estates and trusts15%
Maximum capital gains tax rate for taxpayers with adjusted net capital gain over $479,000 for joint filers and surviving spouses, $452,400 for heads of household, $425,800 for single filers, $239,500 for married taxpayers filing separately, and $12,700 for estates and trusts20%
Capital gains tax rate for unrecaptured Sec. 1250 gains25%
Capital gains tax rate on collectibles and qualified small business stock28%
Maximum contribution for Traditional/Roth IRA$5,500 if under age 50
$6,500 if 50 or older
Maximum employee contribution to SIMPLE IRA$12,500 if under age 50
$15,500 if 50 or older
Maximum Contribution to SEP IRA25% of compensation up to $55,000
401(k) maximum employee contribution limit$18,500 if under age 50
$24,500 if 50 or older
Self-employed health insurance deduction100%
Estate tax exemption$11,180,000
Annual Exclusion for Gifts$15,000
Foreign Earned Income Exclusion$104,100