2020 Tax Rates & Details

Individual Tax Rates - 2020

The following individual tax rates outlined in the Tax Cuts and Jobs Act signed on December 22, 2017 will be in effect for tax years 2020

Single Taxpayers
Taxable Income Over: But Not Over: The Tax Is: Of the Amount over:
$0 $9,875 10% $0
9,876 40,125 988 + 12% 9,876
40,126 85,525 4,617 + 22% 40,126
85,526 163,300 14,545 + 24% 85,526
163,301 207,350 33,276 + 32% 163,301
207,351 518,400 47,372 + 35% 207.351
518,401   156,239 + 37% 518,401
Married Individuals Filing Separately
Taxable Income Over: But Not Over: The Tax Is: Of the Amount over:
$0 $9,875 10% $0
9,876 40,125 988 + 12% 9,876
40,126 85,525 4,617+ 22% 40,126
85,526 163,300 14,545 + 24% 85,826
163,301 207,350 32,276+ 32% 163,301
207,351 311,025 47,372 + 35% 207,351
311,026   83,658 + 37% 518,401
Married Individuals Filing Joint Returns and Surviving Spouses
Taxable Income Over: But Not Over: The Tax Is: Of the Amount over:
$0 $19,750 10% $0
19,751 80,250 1,975 + 12% 19,751
80,251 171,050 9,236 + 22% 80,251
171,051 326,600 29,211 + 24% 171,051
326,601 414,700 66,542 + 32% 326.601
414,701 622,050 94,734 + 35% 414,701
622,051    167,306 + 37% 622,051
Heads of Household
Taxable Income Over: But Not Over: The Tax Is: Of the Amount over:
$0 $14,100 10% $0
14,101 53,700 $1,410 + 12% 14,101
53,701 85,500 6,162 + 22% 53,701
85,501 163,300 13,158 + 24% 85,501
163,301 207,350 31,829 + 32% 163,301
207,351 518,400 45,925 + 35% 207,351
518,401    154,792 + 37% 518,401
Estates & Trusts
Taxable Income Over: But Not Over: The Tax Is: Of the Amount over:
$0 2,600 10% $0
2,600 9,300 260.00+ 24% 2,600
9,300 12,750 1,868.00 + 35% 9,300
12,750    3,075.50 + 37% 12,750