IRS Tax Rate Schedules

Your federal tax rates are based on your income level and filing status. The percentages and income brackets can change annually. Below are the tax rates for the current and previous two years.

Taxable Income1 Tax Rates
Joint Filers Single Filers  Federal Net Investment Income2 Long-Term Capital Gains
$0 - $19,750 $0 - $9,875 10%  -  0%
$19,751 - $80,000 $9,876 - $40,000 12%
$80,001 - $80,250 $40,001 - $40,125 12% 15%
$80,251 - $171,050 $40,126 - $85,525 22%
$171,051 - $250,000 $85,526 - $163,300 24%
- $163,301 - $200,000 32%
$250,001 - $326,600 - 24% 3.8%
$326,601 - $414,700 $200,001 - $207,350 32%
$414,701 - $496,600 $207,351 - $441,450 35%
$496,601 - $622,050 $441,451 - $518,400 35% 20%
$622,051 and above $518,401 and above 37%
Taxable Income1 Federal Tax Rates
Married Filing Separately Head of Household  Income Net Investment Income2 Long-Term Capital Gains
$0 - $9,875 $0 - $14,100 10%  -  0%
$9,876 - $40,000 $14,101 - $53,600 12%
$40,001 - $40,125 $53,601 - $53,700 12% 15%
$40,126 - $85,525 $53,701 - $85,500 22%
$85,526 - $125,000 $85,501 - $163,300 24%
- $163,301 - $200,000 32%
$125,001 - $163,300 - 24% 3.8%
$163,301 - $207,350 $200,001 - $207,350 32%
$207,351 - $248,300 $207,351 - $469,050 35%
$248,301 - $311,025 $469,051 - $518,400 35% 20%
$311,026 and above $518,401 and above 37%
Taxable Income1 Federal Tax Rates
Married Filing Joint Single Filers  Income Net Investment Income2 Long-Term Capital Gains
$0 - $19,400 $0 - $9,700 10%  -  0%
$19,401 - $78,750 $9,701 - $39,375 12%
$78,751 - $78,950 $39,376 - $39,475 12% 15%
$78,951 - $168,400 $39,476 - $84,200 22%
$168,401 - $250,000 $84,201 - $160,725 24%
- $160,726 - $200,000 32%
$250,001 - $321,450 - 24% 3.8%
$321,451 - $408,200 $200,001 - $204,100 32%
$408,201 - $488,850 $204,101 - $434,550 35%
$488,851 - $612,350 $434,551 - $510,300 35% 20%
$612,351 and above $510,301 and above 37%
Taxable Income1 Federal Tax Rates
Married Filing Separately Head of Household  Income Net Investment Income2 Long-Term Capital Gains
$0 - $9,700 $0 - $13,850 10%  -  0%
$9,701 - $39,375 $13,851 - $52,750 12%
$39,376 - $39,475 $52,751 - $52,850 12% 15%
$39,476 - $84,200 $52,851 - $84,200 22%
$84,201 - $125,000 $84,201 - $160,700 24%
- $160,701 - $200,000 32%
$125,001 - $160,725 - 24% 3.8%
$160,726 - $204,100 $200,001 - $204,100 32%
$204,101 - $244,426 $204,101 - $461,700 35%
$244,427 - $306,175 $461,701 - $510,300 35% 20%
$306,176 and above $510,301 and above 37%
Taxable Income1 Federal Tax Rates
Married Filing Joint Single Filers  Income Net Investment Income2 Long-Term Capital Gains
$0 - $19,050 $0 - $9,525 10%  -  0%
$19,051 - $77,200 $9,526 - $38,600 12%
$77,201 - $77,400 $38,601 - $38,700 12% 15%
$77,401 - $165,000 $38,701 - $82,500 22%
$165,001 - $250,000 $82,501 - $157,500 24%
- $157,501 - $200,000 32%
$250,001 - $315,000 - 24% 3.8%
$315,001 - $400,000 - 32%
$400,001 - $479,000 $200,001 - $425,800 35%
$479,001 - $600,000 $425,801 - $500,000 35% 20%
$600,001 and above $500,001 and above 37%

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1 Net amount subject to federal income tax after deductions.

2 Additional 3.8% federal tax imposed on lesser of total “net investment income” or the amount of modified adjusted gross income (MAGI) in excess of the applicable threshold ($200,000 for Single Return and $250,000 for Joint Return). For presentation in this table, no distinction is made between MAGI and taxable income. However, since MAGI is generally higher than taxable income, the 3.8% tax may be applicable even if your taxable income is below the applicable threshold.

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