With all the conversation around new tax regulations, many people have questions about what their taxable income will look like this year, for filing 2017 as opposed to next year in 2018. Essentially, 2017 tax rates remain the same, and the new rates will apply to filings for 2018.
Below is a chart detailing the difference between taxable income rates by income level.
IRS 2017 Taxable Income Rates vs 2018 Taxable Income Rates
| 2017 Taxable Income | 2018 Taxable Income | |||||||
| Rate | Single | Married | Rate | Single | Married | |||
| 10% | $0-$9,525 | $9-$19,050 | 10% | $0-$9,525 | $9-$19,050 | |||
| 15% | $9,526-$38,700 | $19,051-$77,400 | 12% | $9,526-$38,700 | $19,051-$77,400 | |||
| 25% | $38,701-$93,700 | $77,401-$156,150 | 22% | $38,701-$82,500 | $77,401-$165,000 | |||
| 28% | $93,701-$195,450 | $156,151-$237,950 | 24% | $82,501-$157,500 | $165,001-$315,000 | |||
| 33% | $195,451-$$424,950 | $237,951-$424,950 | 32% | $157,501-$200,000 | $315,001-$400,000 | |||
| 35% | $424,951-$426,700 | $424,951-$480,050 | 35% | $200,001-$500,000 | $400,001-$600,000 | |||
| 39.6% | $426,701 and over | $480,051 and over | 37% | $500,001 and over | $600,001 and over | |||
