Tax Rates

Single Taxable Income 2017
Over Not Over    %
 $        0 $   9,325  10%
      9,325    37,950  15%
    37,950    91,900  25%
    91,900  191,650  28%
  191,650  416,700  33%
  416,700  418,400  35%
  418,400   —–  39.6%
 

 

Married Taxable Income 2017
Over Not Over    %
$          0  $ 18,650  10%
    18,650     75,900  15%
    75,900   153,100  25%
  153,100   233,350  28%
  233,350   416,700  33%
  416,700   470,700  35%
  470,700    —–  39.6%

    

2017 Tax Facts:
 

Exemption

 

$4,050

Standard Deduction  

$6,350 single

$12,700 married

 

Long Term Capital Gains Rate

 

20%

 

Qualified Dividend Rate

 

20%

 

For High Income Earners over $200k/$250k

Medicare Surcharge on Long Term Capital Gains and Qualified Dividends

  3.8%
 

Estate Tax Exclusion

 $5.49 million
 

Annual Gift Exclusion

 

$14,000