TAX REFORM HEADQUARTERS
Sikich professionals have been closely monitoring developments related to Tax Reform and have compiled the following resources to help you navigate and plan for the impact it may have on you or your business.
Reduce your federal tax burden by taking full advantage of tax deductions, credits, and planning strategies.
Manage state and local tax challenges by working with a tax professional who monitors laws and regulations that affect you.
Count on expert advisement for well-planned, cross-border tax strategies that positively impact your bottom line.
Meet your short- and long-term objectives with a comprehensive financial plan designed just for you.
2018 TAX RATES FOR SINGLE AND MARRIED INDIVIDUALS
SINGLE INDIVIDUALS TAX RATES FOR 2018
MARRIED INDIVIDUALS FILING JOINT RETURNS AND SURVIVING SPOUSES
|If Taxable Income Is:||Then Income Tax Equals:||If Taxable Income Is:||Then Income Tax Equals:|
|Not over $9,525||10% of the taxable income||Not over $19,050||10% of the taxable income|
|Over $9,525 but not over $38,700||$952.50 plus 12% of the excess over $9,525||Over $19,050 but not over $77,400||$1,905 plus 12% of the excess over $19,050|
|Over $38,700 but not over $82,500||$4,453.50 plus 22% of the excess over $38,700||Over $77,400 but not over $165,000||$8,907 plus 22% of the excess over $77,400|
|Over $82,500 but not over $157,500||$14,089.50 plus 24% of the excess over $82,500||Over $165,000 but not over $315,000||$28,179 plus 24% of the excess over $165,000|
|Over $157,500 but not over $200,000||$32,089.50 plus 32% of the excess over $157,500||Over $315,000 but not over $400,000||$64,179 plus 32% of the excess over $315,000|
|Over $200,000 but not over $500,000||$45,689.50 plus 35% of the excess over $200,000||Over $400,000 but not over $600,000||$91,379 plus 35% of the excess over $400,000|
|Over $500,000||$150,689.50 plus 37% of the excess over $500,000||Over $600,000||$161,379 plus 37% of the excess over $600,000|
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