TAX RATES
2017 Tax Rates Schedule X - Single
If taxable income is over
But not over
The tax is
$0
$9,325
$37,950
$91,900
$191,650
$416,700
Over $418,400
$9,325
$37,950
$91,900
$191,650
$416,700
$418,400
no limit
10% of the taxable amount
$932.50 plus 15% of the excess over $9,325
$5,226.25 plus 25% of the excess over $37,950
$18,713.75 plus 28% of the excess over $91,900
$46,643.75 plus 33% of the excess over $191,650
$120,910.25 plus 35% of the excess over $416,700
$121,505.25 plus 39.6% of the excess over $418,400
2017 Tax Rates Schedule Y-1 - Married Filing Jointly or Qualifying Widow(er)
If taxable income is over
But not over
The tax is
$0
$18,650
$75,900
$153,100
$233,350
$416,700
$470,700
$18,650
$75,900
$153,100
$233,350
$416,700
$470,700
no limit
10% of the taxable amount
$1,865 plus 15% of the excess over $18,650
$10,452.50 plus 25% of the excess over $75,900
$29,752.50 plus 28% of the excess over $153,100
$52,222.50 plus 33% of the excess over $233,350
$112,728 plus 35% of the excess over $416,700
$131,628 plus 39.6% of the excess over $470,700
2017 Tax Rates Schedule Y-2 - Married Filing Separately
If taxable income is over
But not over
The tax is
$0
$9,325
$37,950
$76,550
$116,675
$208,350
Over $235,350
$9,325
$37,950
$76,550
$116,675
$208,350
$235,350
no limit
10% of the taxable amount
$932.50 plus 15% of the excess over $9,325
$5,226.25 plus 25% of the excess over $37,950
$14,876.25 plus 28% of the excess over $76,550
$26,111.25 plus 33% of the excess over $116,675
$56,364 plus 35% of the excess over $208,350
$65,814 plus 39.6% of the excess over $235,350
2017 Tax Rates Schedule Z - Head of Household
If taxable income is over
But not over
The tax is
$0
$13,350
$50,800
$131,200
$212,500
$416,700
$444,550
$13,350
$50,800
$131,200
$212,500
$416,700
$444,550
no limit
10% of the taxable amount
$1,335 plus 15% of the excess over $13,350
$6,952.50 plus 25% of the excess over $50,800
$27,052.50 plus 28% of the excess over $131,200
$49,816.50 plus 33% of the excess over $212,500
$117,202.50 plus 35% of the excess over $416,700
$126,950 plus 39.6% of the excess over $444,550
2017 Tax Rates Estates & Trusts
If taxable income is over
But not over
The tax is
$0
$2,550
$6,000
$9,150
$12,500
$2,550
$6,000
$9,150
$12,500
no limit
15% of the taxable income
$382.50 plus 25% of the excess over $2,550
$1,245 plus 28% of the excess over $6,000
$2,127 plus 33% of the excess over $9,150
$3,232.50 plus 39.6% of the excess over $12,500
Social Security 2017 Tax Rates
Base Salary
Social Security Tax Rate
Maximum Social Security Tax
Medicare Base Salary
Medicare Tax Rate
$127,200
6.2%
$7,886.40
unlimited
1.45%
Additional Medicare 2017 Tax Rates
Additional Medicare Tax
Filing status
Married filing jointly
Married filing separate
Single
Head of household (with qualifying person)
Qualifying widow(er) with dependent child
0.9%
Compensation over
$250,000
$125,000
$200,000
$200,000
$200,000
Education 2017 Credit and Deduction Limits
American Opportunity Tax Credit (Hope)
Lifetime Learning Credit
Student Loan Interest Deduction
Coverdell Education Savings Contribution
$2,500
$2,000
$2,500
$2,000
Miscellaneous 2017 Tax Rates
Personal Exemption (Adjusted Gross Income below $156,900)
Business Equipment Expense Deduction
Prior-year safe harbor for estimated taxes of higher-income
Standard mileage rate for business driving
Standard mileage rate for medical/moving driving
Standard mileage rate for charitable driving
Child Tax Credit
Unearned income maximum for children before kiddie tax applies
Maximum capital gains tax rate for taxpayers in the 10% or 15% bracket
Maximum capital gains tax rate for taxpayers in the 25%, 28%, 33%, or 35% bracket
Maximum capital gains tax rate for taxpayers in the 39.6% bracket
Capital gains tax rate for unrecaptured Sec. 1250 gains
Capital gains tax rate on collectibles and qualified small business stock
Maximum contribution for Traditional/Roth IRA
Maximum employee contribution to SIMPLE IRA
Maximum Contribution to SEP IRA
401(k) maximum employee contribution limit
Self-employed health insurance deduction
Estate tax exemption
Annual Exclusion for Gifts
Foreign Earned Income Exclusion
$4,050
$510,000
110% of your 2016 tax liability
53.5 cents
17 cents
14 cents
$1,000 per qualifying child
$1,050
0%
15%
​
20%
25%
28%
$5,500 if under age 50 - $6,500 if 50 or older
$12,500 if under age 50 - $15,500 if 50 or older
25% of compensation up to $54,000
$18,000 if under age 50 - $24,000 if 50 or older
100%
$5,490,000
$14,000
$102,100