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    What's new for 2019 tax year?

    Are there any changes to my taxes for 2018?

    How will the standard deduction change in 2019?

    What are the new tax laws for 2018?

  2. Aug 07, 2019 · While the number of tax brackets remained at seven, the rates were generally lowered, with the ...

    Marginal Tax Rate
    Single
    Married Filing Jointly
    Head Of Household
    Married Filing Separately
    10%
    $0-$9,525
    $0-$19,050
    $0-$13,600
    $0-$9,525
    12%
    $9,526-$38,700
    $19,051-$77,400
    $13,601-$51,800
    $9,526-$38,700
    22%
    $38,701-$82,500
    $77,401-$165,000
    $51,801-$82,500
    $38,701-$82,500
    24%
    $82,501-$157,500
    $165,001-$315,000
    $82,501-$157,500
    • 3 min
    • Standard deduction. After the standard deduction doubled in 2018, the number of taxpayers who claimed it instead of...
    • Health insurance. New this year: There is no longer a penalty on federal taxes for not having health insurance —...
    • Medical expenses. Historically, if you had medical expenses equaling 7.5% or more of...
  3. Jan 03, 2019 · With tax reform, that top rate was lowered to 37% and only applies to married couples making more ...

  4. Mar 20, 2019 · Child Tax Credit doubled, and more people qualify. The maximum credit is now $2,000 for each qualifying child under age 17. The income limit for getting the full credit increased to $400,000 for joint filers and $200,000 for other taxpayers. Check out this resource: Publication 972, Child Tax Credit PDF New credit for other dependents.

  5. Jan 03, 2019 · With tax reform, that top rate was lowered to 37% and only applies to married couples making more than $600,000 in taxable income, much more income than before. Data source: IRS. Here's a look at...

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