eZ US Tax & Finance


	HOME \| ABOUT US \| TAX SERVICES \| BUSINESS SERVICES \| CONTACT US

Tax Rates

Single (other than surviving spouses and heads of households)Standard Deduction-$14,600
If taxable income is:	The tax is:
Not over $11,600	10% of the taxable income
Over $11,601 but not over $47,150	$1,160 plus 12% of the excess over $11,600
Over $47,151 but not over $100,525	$5,426 plus 22% of the excess over $47,150
Over $100,526 but not over $191,950	$17,168.50 plus 24% of the excess over $100,525
Over $191,951 but not over $243,725	$39,110.50 plus 32% of the excess over $191,950
Over $243,726 but not over $609,350	$55,678.50 plus 35% of the excess over $243,725
Over $609,351	$183,647.25 plus 37% of the excess over $609,351

Married Jointly &Surviving Spouses Standard Deduction-$29,200
If taxable income is:	The tax is:
Not over $23,200	10% of the taxable income
Over $23,201 but not over $94,300	$2,320 plus 12% of the excess over $23,200
Over $94,301 but not over $201,050	$10,852 plus 22% of the excess over $94,300
Over $201,051 but not over $383,900	$34,337 plus 24% of the excess over $201,050
Over $383,901 but not over $487,450	$78,221 plus 32% of the excess over $383,900
Over $487,451 but not over $731,200	$111,357 plus 35% of the excess over $487,450
Over $731,201	$196,669.50 plus 37% of the excess over $731,200

MARRIED FILING SEPARATELY Standard Deduction-$14,600
If taxable income is:	The tax is:
Not over $11,600	10% of the taxable income
Over $11,601 but not over $47,150	$1,160 plus 12% of the excess over $11,600
Over $47,151 but not over $100,525	$5,426 plus 22% of the excess over $47,150
Over $100,526 but not over $191,950	$17,168.50 plus 24% of the excess over $100,525
Over $191,951 but not over $243,725	$39,110.50 plus 32% of the excess over $191,950
Over $243,726 but not over $365,600	$55,678.50 plus 35% of the excess over $243,725
Over $365,600	$98,334.75 plus 37% of the excess over $365,600

Head of Household Standard Deduction-$21,900
If taxable income is:	The tax is:
Not over $16,550	10% of the taxable income
Over $16,551 but not over $63,100	$1,655 plus 12% of the excess over $16,550
Over $63,101 but not over $100,500	$7,241 plus 22% of the excess over $63,100
Over $100,501 but not over $191,950	$15,469 plus 24% of the excess over $100,500
Over $191,951 but not over $243,700	$37,417 plus 32% of the excess over $191,950
Over $243,701 but not over $609,350	$53,977 plus 35% of the excess over $243,700
Over $609,350	$181,954.50 plus 37% of the excess over $609,350

Please note:

Aged or blind – Additional standard deduction for the aged or the blind is $1,500 ($1,850 if unmarried and not a surviving spouse).

Dependent – Standard deduction for an individual who may be claimed as a dependent by another taxpayer cannot exceed the greater of (1) $1,250, or (2) the sum of $400 and the individual's earned income.

Tax Deductions You Can Itemize

Mortgage interest of $750,000 or less

Mortgage interest of $1 million or less if incurred before Dec. 16, 2017

Charitable contributions

$250 (for educators buying classroom supplies)

Medical and dental expenses (over 7.5% of AGI)

State and local income, sales, and personal property taxes up to $10,000

Gambling losses

Investment interest expenses

$2,500 in student loan interest (these do not need to be placed on Schedule A but can be taken above-the-line and subtracted from your taxable income); income phaseout limits apply.