Tax rates and income levels for Trusts and Estates remain virtually unchanged for IRS filings for 2017. However, new tax rates in place for 2018 will lower the tax rate on income over $12,500 to 37%, down from 39.6% the year prior.
| 2018 Tax Rates for Trusts and Estates | ||
| If Taxable Income is Between: | The Tax Due: | |
| $0-$2,500 | 10% of taxable income | |
| $2,551-$9,150 | $255 + 24% of the amount over $2,550 | |
| $9,151-$12,500 | $1,839 + 35% of the amount over $9,150 | |
| $12,501 plus | $3,011.50 + 37% of the amount over $12,500 | |
