2019 FEDERAL INCOME TAX RATES SCHEDULES
SINGLE TAXPAYERS
| If taxable income is: | Your tax is: |
| Not over $9,700 | 10% of taxable income |
| Over $9,700 to $39,475 | $970 + 12% of the excess over $9,700 |
| Over $39,475 to $84,200 | $4,543 + 22% of the excess over $39,475 |
| Over $84,200 to $160,725 | $14,382.50 + 24% of the excess over $84,200 |
| Over $160,725 to $204,100 | $32,748.50 + 32% of the excess over $160,725 |
| Over $204,100 to $510,300 | $46,628.50 + 35% of the excess over $204,100 |
| Over $510,300 | $153,798.50 + 37% of the excess over $510,300 |
MARRIED FILING JOINTLY AND SURVIVING SPOUSES
| If taxable income is: | Your tax is: |
| Not over $19,400 | 10% of taxable income |
| Over $19,400 to $78,950 | $1,940 + 12% of the excess over $19,400 |
| Over $78,950 to $168,400 | $9,086 + 22% of the excess over $78,950 |
| Over $168,400 to $321,450 | $28,765 + 24% of the excess over $168,400 |
| Over $321,450 to $408,200 | $65,497 + 32% of the excess over $321,450 |
| Over $408,200 to $612,350 | $93,257 + 35% of the excess over $408,200 |
| Over $612,350 | $164,709.50 + 37% of the excess over $612,350 |
MARRIED INDIVIDUALS FILING SEPARATELY
| If taxable income is: | Your tax is: |
| Not over $9,700 | 10% of taxable income |
| Over $9,700 to $39,475 | $970 + 12% of the excess over $9,700 |
| Over $39,475 to $84,200 | $4,543 + 22% of the excess over $39,475 |
| Over $84,200 to $160,725 | $14,382.50 + 24% of the excess over $84,200 |
| Over $160,725 to $204,100 | $32,748.50 + 32% of the excess over $160,725 |
| Over $204,100 to $306,175 | $46,628.50 + 35% of the excess over $204,100 |
| Over $306,175 | $82,354.75 + 37% of the excess over $306,175 |
HEADS OF HOUSEHOLD
| If taxable income is: | Your tax is: |
| Not over $13,850 | 10% of taxable income |
| Over $13,850 to $52,850 | $1,385 + 12% of the excess over $13,850 |
| Over $52,850 to $84,200 | $6,065 + 22% of the excess over $52,850 |
| Over $84,200 to $160,700 | $12,962 + 24% of the excess over $84,200 |
| Over $160,700 to $204,100 | $31,322 + 32% of the excess over $160,700 |
| Over $204,100 to $510,300 | $45,210 + 35% of the excess over $204,100 |
| Over $510,300 | $152,380 + 37% of the excess over $510,300 |
TRUSTS AND ESTATES
| If taxable income is: | Your tax is: |
| Not over $2,600 | 10% of taxable income |
| Over $2,600 to $9,300 | $260 + 24% of the excess over $2,600 |
| Over $9,300 to $12,750 | $1,868 + 35% of the excess over $9,300 |
| Over $12,750 | $3,075.50 + 37% of the excess over $12,750 |
IF THESE OR OTHER TOPICS ARE ON YOUR MIND, CONTACT US TODAY. FAIRMAN GROUP HAS A TEAM OF EXPERIENCED, CREDENTIALED PROFESSIONALS READY TO HELP.
IMPORTANT DISCLOSURES
This text is prepared for Fairman Group Family Office by Broadridge Investor Communications Solutions.
Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, legal, or retirement advice or recommendations. The information presented here is not specific to any individual’s personal circumstances.
To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.
These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable — we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.