Federal Income Tax Rates for Tax Year 2019

The table below contains the federal income tax rates for personal income for the upcoming tax year 2019. The IRS has released these rates, although they may be subject to changes or refinements before it's time to file your 2019 tax return in April of 2020.

The IRS adjusts the tax brackets each year to account for inflation so that taxpayers are not penalized for what some call "bracket creep." This would happen if inflation were to push taxpayers into a higher tax bracket simply because of inflation, and not an increase in their real income.

In past years, the IRS has used the Consumer Price Index (CPI) to calculate the previous year’s inflation amount. After the passage of the Tax Cuts and Jobs Act of 2017, however, the IRS has started using the Chained Consumer Price Index (C-CPI) to make adjustments to income thresholds and other values affected by inflation.

If you have had any capital gains on investments, they are taxed at different tax rates. Capital gains tax rates are lower than ordinary income tax rates and are calculated separately.

To compute your actual income tax, you will need to use the following forms and instructions that the Internal Revenue Service provides:

  • 2019 General Instructions for Form 1040
  • 2019 Form 1040
  • 2019 Tax Tables for Form 1040
  • Other applicable forms, publications or instructions for the year 2019

2019 Income Tax Rate Schedule

Important: Only use the following information for 2019 tax returns filed in 2020.

  2019 TAX YEAR   
 Long-Term Capital GainsSingleMarried/Joint/Widow(er)Married/SeparateHead of Household

Rate:

 Taxable Income Over:Taxable Income Over:Taxable Income Over:Taxable Income Over:
10%0%$0$0$0$0
12%0%$9,700$19,400$9,700$13,850
22%15% [1]$39,475$78,950$39,475$52,850
24%15% [1]$84,200$168,400$84,200$84,200
32%15% [1]$160,725$321,450$160,725$160,700
35%20% [1]$204,100$408,200$204,100$204,100
37%20% [1]$510,300$612,350$306,175$510,300

[1] Each bracket has specific cut-off amounts for different capital gains rates. Refer to instructions for IRS Schedule D or IRS Revenue Procedure 2018-57 for the exact dollar amount, which varies based on your filing status.

2019 Standard Deduction and Personal Exemption

According to your filing status, you will receive the following deduction amount for your taxes, which is deducted from your gross income.

2019 TAX YEAR Standard Deduction
Single $12,200
Married Filing Jointly $24,400
Head of Household $18,350

For tax year 2019, the personal exemption has been eliminated.

Source: IRS.gov Rev. Proc. 2018-57 (pdf)