IRS Tax Brackets 2018 single unmarried individuals.
Tax Brackets 2018 and IRS tax Rates 2018. After the successful passing of TCJA Tax Cuts and Jobs Act, United States, tax brackets, thresholds and rates will change in 2018.
IRS Single Tax Brackets 2018
Individual tax code has got the noticeable changes to the tax structure.
Least tax bracket is 12% for the people whose taxable income is of and upto $9525.
But the Top income tax rate is 37% for tax payers whose taxable income is of $500,000 and above – for single filers.
Top income tax rate is 37% for tax payers whose taxable income is of $600,000 and higher for married couples filing jointly.
2018 Tax Brackets for Singles
Rate : For Unmarried Individuals, Taxable Income Over
10% : $0
12% : $9,525
22% : $38,700
24% : $82,500
32% : $157,500
35% : $200,000
37% : $500,000
The standard tax deduction for single tax filers will increase by $5,500
The personal exemption for 2018 is eliminated. Hence please pay attention in declaring your income.
2018 tax brackets for single head of household.
If you do not know which is the correct form to file tax, please read here about different types of IRS tax forms.