Dushyant Pandit
dpandit@dorchesteradvisors.com
 
 




2020 Key Numbers

 

2019 Federal Income Tax Rate Schedules (Individuals, Trusts, and Estates)

Single taxpayers

If taxable income is:Your tax is:
Not over $9,700 10% of taxable income
Over $9,700 to $39,475 $970 + 12% of the excess over $9,700
Over $39,475 to $84,200 $4,543 + 22% of the excess over $39,475
Over $84,200 to $160,725 $14,382.50 + 24% of the excess over $84,200
Over $160,725 to $204,100 $32,748.50 + 32% of the excess over $160,725
Over $204,100 to $510,300 $46,628.50 + 35% of the excess over $204,100
Over $510,300 $153,798.50 + 37% of the excess over $510,300

Married filing jointly and surviving spouses

If taxable income is:Your tax is:
Not over $19,400 10% of taxable income
Over $19,400 to $78,950 $1,940 + 12% of the excess over $19,400
Over $78,950 to $168,400 $9,086 + 22% of the excess over $78,950
Over $168,400 to $321,450 $28,765 + 24% of the excess over $168,400
Over $321,450 to $408,200 $65,497 + 32% of the excess over $321,450
Over $408,200 to $612,350 $93,257 + 35% of the excess over $408,200
Over $612,350 $164,709.50 + 37% of the excess over $612,350

Married individuals filing separately

If taxable income is:Your tax is:
Not over $9,700 10% of taxable income
Over $9,700 to $39,475 $970 + 12% of the excess over $9,700
Over $39,475 to $84,200 $4,543 + 22% of the excess over $39,475
Over $84,200 to $160,725 $14,382.50 + 24% of the excess over $84,200
Over $160,725 to $204,100 $32,748.50 + 32% of the excess over $160,725
Over $204,100 to $306,175 $46,628.50 + 35% of the excess over $204,100
Over $306,175 $82,354.75 + 37% of the excess over $306,175

Heads of household

If taxable income is:Your tax is:
Not over $13,850 10% of taxable income
Over $13,850 to $52,850 $1,385 + 12% of the excess over $13,850
Over $52,850 to $84,200 $6,065 + 22% of the excess over $52,850
Over $84,200 to $160,700 $12,962 + 24% of the excess over $84,200
Over $160,700 to $204,100 $31,322 + 32% of the excess over $160,700
Over $204,100 to $510,300 $45,210 + 35% of the excess over $204,100
Over $510,300 $152,380 + 37% of the excess over $510,300

Trusts and estates

If taxable income is:Your tax is:
Not over $2,600 10% of taxable income
Over $2,600 to $9,300 $260 + 24% of the excess over $2,600
Over $9,300 to $12,750 $1,868 + 35% of the excess over $9,300
Over $12,750 $3,075.50 + 37% of the excess over $12,750


Dorchester Advisors is a Registered Investment Advisor in NJ and NY. This communication is strictly intended for individuals residing in the state(s) of NJ and NY. No offers may be made or accepted from any resident outside the specific states referenced.

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2019.