The New Tax Brackets - Philadelphia CPA
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The New Tax Brackets

The New Tax Brackets

Many of my clients have asked about the new tax brackets-here they are!!
For Single Filers
New Rate.    New Income Tax Bracket.    Old Rate.    Old Bracket
10%.                up to $9,525.                              10%.       up to $9,525
12%.                9,525-38,700                              15%        9,525-38,700
22%                38,700-82,500                           25%.       38,700-93,700
24%                82,500-157,500.                         28%.      93,700-195,450
32%                157,500-200,000                       33%       195,450-424,950
35%                200,000-500,000                     35%        424,950-426,700
37%                500,000+                                    39.6%     426,700+
For Married Couples filing Jointly
10%                  up to 19,050                               10%       up to 19,050
12%                  19,050-77,400                           15%        19,050-77,400
22%                  77,400-165,000                        25%        77,400-156,150
24%                 165,000-315,000                      28%        156,150-237,950
32%                 315,000-400,000                     33%        237,950-424,950
35%                 400,000-600,000                    35%.       424,950-480,050
37%                  600,000+                                  39.6%     480,050+
Most of my clients file as single or jointly–if you would like the tax brackets for married filing separately or Head of Household, please feel free to contact me.
Mark S. Fineberg, CPA