Society & Politics

Here are the new tax rates. Will you do better or worse than last year?

Will you write offs make up for your raise?

Single
Taxable income
The tax is:
10%
Not over $12,400
10% of the taxable income
12%
Over $12,400 up to $50,400
$1,240 plus 12% above $12,400
22%
Over $50,400 up to $105,700
$5,800 plus 22% above $50,400
24%
Over $105,700 up to $201,775
$17,966 plus 24% above $105,700
32%
Over $201,775 up to $256,225
$41,024 plus 32% above $201,775
35%
Over $256,225 up to $640,600
$58,448 plus 35% above $256,225
37%
Over $640,600
$192,979.25 plus 37% above $640,600
Married filing jointly
Taxable income
The tax is:
10%
Not over $24,800
10% of the taxable income
12%
Over $24,800 up to $100,800
$2,480 plus 12% above $24,800
22%
Over $100,800 up to $211,400
$11,600 plus 22% above $100,800
24%
Over $211,400 up to $403,550
$35,932 plus 24% above $211,400
32%
Over $403,550 up to $512,450
$82,048 plus 32% above $403,550
35%
Over $512,450 up to $768,700
$116,896 plus 35% above $512,450
37%
Over $768,700
$206,583.50 plus 37% above $768,700

I'm better off than last year
A come out about even with last year
I'm so screwed!!
Your predicament?
Select gender and age to cast your vote:
Here are the new tax rates. Will you do better or worse than last year?
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