2018 & 2019 Tax Brackets & Standard Deductions (Updated: Post Tax Reform)

The IRS has released the 2019 tax brackets (a table breakdown of the IRS federal income tax rates) and standard deduction amounts, and there are a number of inflation adjustments over the 2018 tax brackets and standard deductions. With the Republican Tax Cut & Jobs Act (tax reform), the 2018 and 2019 tax brackets, tax rates, and standard deduction amounts have all been revised from pre-tax reform levels, as outlined below. Since we’re still focused on 2018 for tax filing purposes, the 2018 tax brackets are going to be of most interest to you when you do your upcoming taxes, The...

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