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USA Income Tax Rates 2018

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Federal Income Tax Rates 2018

State Income Tax Rates

These tax rate schedules are provided so that you can compute your estimated tax for 2018.

Schedule X — Single

Rate If taxable income is over-- But not over-- The tax is:
10% $0   $9,525     10% of Taxable Income
15% $9,525   $38,700     $952.50 plus 15% of the amount over $9,525
25% $38,700   $93,700     $5,328.75 plus 25% of the amount over $38,700
28% $93,700   $195,450     $19,078.75 plus 28% of the amount over $93,700
33% $195,450   $424,950     $47,568.75 plus 33% of the amount over $195,450
35% $424,950   $426,700      $123,303.75 plus 35% of the amount over $424,950
39.60% $426,700+   no limit   $123,916.25 plus 39.6% of the amount over $426,700      

 

Schedule Y-1 — Married Filing Jointly or Qualifying Widow(er)

Rate If taxable income is over-- But not over-- The tax is:
  10% $0   $19,050     10% of taxable income
  15% $19,050   $77,400     $1,905 plus 15% of the amount over $19,050
  25% $77,400   $156,150     $10,657.50 plus 25% of the amount over $77,400
  28% $156,150   $237,950     $30,345 plus 28% of the amount over $156,150
 33% $237,950    $424,950     $53,249 plus 33% of the amount over $237,950
  35%  $424,950   $480,050      $114,959 plus 35% of the amount over  $424,950
  39.60% $480,050+   no limit   $134,244 plus 39.6% of the amount over $480,050         

 

Schedule Y-2 — Married Filing Separately

Rate If taxable income is over-- But not over-- The tax is:
  10% $0   $9,525     10% of taxable income
  15% $9,525   $38,700     $952.50 plus 15% of the amount over $9,525
  25% $38,700   $78,075     $5,328.25 plus 25% of the amount over $38,700
  28% $78,075   $118,975     $15,172.50 plus 28% of the amount over $78,075
  33% $118,975   $212,475     $26,624.50 plus 33% of the amount over $118,975
  35% $212,475   $240,025     $57,479.50 plus 35% of the amount over $212,475
 39.60% $240,025+   no limit   $67,122 plus 39.6% of the amount over $240,025       

 

Schedule Z — Head of Household

Rate If taxable income is over-- But not over-- The tax is:
  10% $0   $13,600    10% of taxable income
  15% $13,600 $51,850    $1,360 plus 15% of the amount over $13,600
  25% $51,850   $133,850     $7,097.50 plus 25% of the amount over $51,850
  28% $133,850   $216,700     $27,597.50 plus 28% of the amount over $133,850
  33% $216,700  $424,950     $50,795.50 plus 33% of the amount over $216,700
  35% $424,950   $453,350     $119,518 plus 35% of the amount over $424,950
  39.60% $453,350+   no limit   $129,458 plus 39.6% of the amount over $453,350        



State Income Tax Rates 2018 


(Tax rates for tax year 2018 -- as of January 1, 2018)
TAX RATE RANGE  FEDERAL
% percents No. of INCOME BRACKETS PERSONAL EXEMPTIONS INCOME TAX
  Low   High   Brackets Lowest     Highest     Single   Married   Dependents  DEDUCTIBLE
ALABAMA 2.0 - 5.0 3 500 (b) - 3,001 (b) 1,500 3,000 500 (e) Yes
ALASKA  No State Income Tax
ARIZONA (a) 2.59 - 4.54 5 10,179 (b) - 152,668 (b) 2,150 4,300 2,300
ARKANSAS (a)  0.9 - 6.9 (f) 6 4,299 - 35,100 26 (c) 52 (c) 26 (c)
CALIFORNIA (a) 1.0   12.3 (g) 9 8,223 (b) - 551,473 (b)   114 (c) 228 (c) 353 (c)  
COLORADO  4.63 1 -----Flat rate----- 4,150 (d) 8,300 (d) 4,150 (d)
CONNECTICUT 3.0 - 6.99 7 10,000 (b) - 500,000 (b) 14,500 (h) 24,000 (h) 0
DELAWARE 0.0 - 6.6 7 2,000 - 60,001 110 (c) 220 (c) 110 (c)
FLORIDA  No State Income Tax
GEORGIA 1.0 - 6.0   6 750 (i) - 7,001 (i)   2,700   7,400   3,000    
HAWAII  1.4 - 11.0 12 2,400 (b) - 200,000 (b) 1,144 2,288 1,144
IDAHO (a) 1.6 - 7.4 7 1,472 (b) - 11,043 (b) 4,150 (d) 8,300 (d) 4,150 (d)
ILLINOIS 4.95 1 -----Flat rate----- 2,000 4,000 2,000
INDIANA  3.23 1 -----Flat rate----- 1,000 2,000 2,500 (j)
IOWA (a) 0.36 - 8.98   9 1,598   - 71,910     40 (c) 80 (c) 40 (c) Yes
KANSAS  3.1 - 5.7 3 15,000 (b) - 30,000 (b) 2,250 4,500 2,250
KENTUCKY 2.0 - 6.0 6 3,000 - 75,001 10 (c) 20 (c) 10 (c)
LOUISIANA 2.0 - 6.0 3 12,500 (b) - 50,001 (b) 4,500 (k) 9,000 (k) 1,000 Yes
MAINE (a) 5.8 - 7.15 3 21,450 (l) - 50,750 (l) 4,150 (d) 8,300 (d) 4,150 (d)
MARYLAND 2.0 - 5.75   8 1,000 (m) - 250,000 (m)   3,200   6,400   3,200    
MASSACHUSETTS  5.10 1 -----Flat rate----- 4,400 8,800 1,000
MICHIGAN (a) 4.25 1 -----Flat rate----- 4,000 8,000 4,000
MINNESOTA (a) 5.35 - 9.85 4 25,890 (n) - 160,020 (n) 4,150 (d) 8,300 (d) 4,150 (d)
MISSISSIPPI 3.0 - 5.0 3 5,000 - 10,001 6,000 12,000 1,500
MISSOURI (a) (o) 1.5 - 5.9   10 1,028   - 9,253     2,100   4,200   1,200   Yes (p)
MONTANA (a) 1.0 - 6.9 7 3,000 - 17,900 2,400 4,800 2,400 Yes (p)
NEBRASKA (a) 2.46 - 6.84 4 3,150 (b) - 30,420 (b) 134 (c) 268 (c) 134 (c)
NEVADA No State Income Tax
NEW HAMPSHIRE State Income Tax of 5% on Dividends and Interest Income Only
NEW JERSEY 1.4 - 8.97   6 20,000 (q) - 500,000 (q)   1,000   2,000   1,500    
NEW MEXICO 1.7 - 4.9 4 5,500 (r) - 16,001 (r) 4,150 (d) 8,300 (d) 4,150 (d)
NEW YORK (a) 4.0 - 8.82 8 8,500 (b) - 1,077,550 (b) 0 0 1,000
NORTH CAROLINA  5.499 1 -----Flat rate-----           -----------None-----------
NORTH DAKOTA (a) 1.10 - 2.90 5 38,700 (s) - 424,950 (s) 4,150 (d) 8,300 (d) 4,150 (d)
OHIO (a) 0.0   4.997   8 10,650   - 213,350     2,300 (t) 4,600 (t) 2,300 (t)  
OKLAHOMA 0.5 - 5.0 6 1,000 (u) - 7,200 (u) 1,000 2,000 1,000
OREGON (a) 5.0 - 9.9 4 3,450 (b) - 125,000 (b) 201 (c) 402 (c) 201 (c) Yes (p)
PENNSYLVANIA 3.07 1 -----Flat rate-----           -----------None-----------
RHODE ISLAND (a) 3.75 - 5.99 3 62,550 - 142,150 4,000 8,000 4,000
SOUTH CAROLINA (a) 0.0 - 7.0   6 2,970   - 14,860     4,150 (d) 8,300 (d) 4,150 (d)  
SOUTH DAKOTA  No State Income Tax
TENNESSEE State Income Tax  of 3% on Dividends and Interest Income Only (y) 1250 2500 0
TEXAS  No State Income Tax
UTAH  5.0 1 -----Flat rate----- (v) (v) (v)
VERMONT (a) 3.55 - 8.95   5 37,950 (w) - 416,700 (w)   4,150 (d) 8,300 (d) 4,150 (d)  
VIRGINIA  2.0 - 5.75 4 3,000 - 17,001 930 1,860 930
WASHINGTON  No State Income Tax
WEST VIRGINIA 3.0 - 6.5 5 10,000 - 60,000 2,000 4,000 2,000
WISCONSIN (a) 4.0 - 7.65 4 11,450 (x) - 252,150 (x) 700 1,400 700
WYOMING  No State Income Tax             
-
DIST. OF COLUMBIA  4.0 - 8.95 5 10,000 - 1,000,000 1,675 3,350 1,675
Source: The Federation of Tax Administrators from various sources.
(a) 19 states have statutory provision for automatically adjusting to the rate of inflation the dollar values of the income tax brackets, standard deductions, and/or personal exemptions.  Massachusetts, Michigan, and Nebraska index the personal exemption only.  Oregon does not index the income brackets for $125,000 and over.
(b) For joint returns, taxes are twice the tax on half the couple’s income.
(c) The personal exemption takes the form of a tax credit instead of a deduction
(d) These states use the personal exemption amounts provided in the federal Internal Revenue Code. Note, the Tax Cut and Reform Act of 2017 has eliminated personal exemptions from the IRC. These states will need to enact legislation to reinstate a personal exemption for tax year 2018.  We have reported here the exemption amounts before the federal tax change.
(e) In Alabama, the per-dependent exemption is $1,000 for taxpayers with state AGI of $20,000 or less, $500 with AGI from $20,001 to $100,000, and $300 with AGI over $100,000.
(f) Arkansas has separate brackets for taxpayers with income under $75,000 and $21,000. The tax rates for lower income taxpayers are scheduled to decrease beginning in tax year 2019.
(g) California imposes an additional 1% tax on taxable income over $1 million, making the maximum rate 13.3% over $1 million. 
(h) Connecticut’s personal exemption incorporates a standard deduction. An additional tax credit is allowed ranging from 75% to 0% based on state adjusted gross income.  Exemption amounts are phased out for higher income taxpayers until they are eliminated for households earning over $71,000.
(i) The Georgia income brackets reported are for single individuals.  For married couples filing jointly, the same tax rates apply to income brackets ranging from $1,000, to $10,000.
(j) In Indiana, includes an additional exemption of $1,500 for each dependent child.
(k) The amounts reported for Louisiana are a combined personal exemption-standard deduction.
(l) The income bracket reported for Maine are for single individuals.  For married couples filing jointly, the same tax rates apply to income brackets ranging from $42,900 to $101,550.
(m) The income brackets reported for Maryland are for single individuals.  For married couples filing jointly, the same tax rates apply to income brackets ranging from $1,000, to $300,000.
(n) The income brackets reported for Minnesota are for single individuals.  For married couples filing jointly, the same tax rates apply to income brackets ranging from $37,850 to $266,700.
(o) Beginning after tax year 2017, the top Missouri tax rate is scheduled to decrease by 0.1 each year [if revenue gain requirements are met] until it reaches 5.5%.
(p) The deduction for federal income tax is limited to $5,000 for individuals and $10,000 for joint returns in Missouri and Montana, and to $6,350 for all filers in Oregon.
(q) The New Jersey rates reported are for single individuals.  For married couples filing jointly, the tax rates also range from 1.4% to 8.97%, with 7 brackets and the same high and low income ranges. 
(r)  The income brackets reported for New Mexico are for single individuals.  For married couples filing jointly, the same tax rates apply to income brackets ranging from $8,000 to $24,000.
(s) The income brackets reported for North Dakota are for single individuals.  For married couples filing jointly, the same tax rates apply to income brackets ranging from $64,650 to $424,950.
(t) Ohio provides an additional tax credit of $20 per exemption. Exemption amounts reduced for higher income taxpayers.
(u) The income brackets reported for Oklahoma are for single persons.  For married persons filing jointly, the same tax rates apply to income brackets ranging from $2,000, to $12,200.
(v) Utah provides a tax credit equal to 6% of the federal personal exemption amounts (and applicable standard deduction). Note, the Tax Cut and Reform Act of 2017 has eliminated personal exemptions and increased the standard deduction in the IRC. Utah will need to enact legislation to reinstate a personal credit for tax year 2018.
(w) Vermont’s income brackets reported are for single individuals. For married taxpayers filing jointly, the same tax rates apply to income brackets ranging from $63,350 to $416,700. 
(x) The Wisconsin income brackets reported are for single individuals.  For married taxpayers filing jointly, the same tax rates apply income brackets ranging from $15,270, to $336,200.
(y) Tennessee Hall Tax Rate on Dividends and Interest is being phased out, 1% reduction each year

Source:  Federation of Tax Administrators ( www.taxadmin.org).


 

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