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Quick Reference 2019

Article ID: 362
Last updated: 23 Nov, 2018
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By Jason Watson ()
Posted November 23, 2018

Single

Taxable Income

Tax Rate

0 - 9,700

10% of taxable income

97,01 - 39,475

970 plus 12% of the amount over 9,700

39,476 - 84,200

4,543 plus 22% of the amount over 39,475

84,201 - 160,275

4,382.50 plus 24% of the amount over 84,200

160,275 - 204,100

32,748.50 plus 32% of the amount over 160,275

204,101 - 510,300

46,628.50 plus 35% of the amount over 204,100

510,301 or more

153,798.50 plus 37% of the amount over 510,300

Married Filing Jointly

Taxable Income

Tax Rate

0 - 19,400

10% of taxable income

19,401 - 78,950

1,940 plus 12% of the amount over 19,400

78,951 - 168,400

9,086 plus 22% of the amount over 78,950

168,401 - 321,450

28,765 plus 24% of the amount over 168,400

321,451 - 408,200

65,497 plus 32% of the amount over 321,450

408,201 - 612,350

93,257 plus 35% of the amount over 408,200

612,351 or more

164,709.50 plus 37% of the amount over 612,350

Standard Deduction Single

12,200

Standard Deduction Married Filing Joint

24,400

Social Security Wage Limit

132,900

IRA Contribution Limit

6,000 + 1,000 catch up

Roth Income Phaseout Single

122,000

Roth Income Phaseout Married Filing Joint

193,000

401k Employee

19,000 + 6,000 catch up

401k Employer

37,000

Max 401k Total

56,000

Taxpayer's Comprehensive Guide to LLCs and S Corps : 2019 Edition
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Quick Reference 2018       Chap 1 - Business Entities, LLCs