2019 Standard Deduction Amount

• $12,200 Single Taxpayers and Married Filing Separately

• $24,400 Married Jointly & Surviving Spouses

• $18,350 Head of Household

​

2019 Individual Taxpayers Tax Rates​

• The lowest rate is 10 percent for single taxpayers with incomes of $9,700 or less ($19,400 for married couples filing jointly);

• 12 percent for single taxpayers with incomes over $9,700 ($19,400 for married couples filing jointly);

• 22 percent for single taxpayers with incomes over $39,475 ($78,950 for married couples filing jointly);

• 24 percent for single taxpayers with incomes over $84,200 ($168,400 for married couples filing jointly);​

• 32 percent for single taxpayers with incomes over $160,725 ($321,450 for married couples filing jointly);

• 35 percent, for single taxpayers with incomes over $204,100 ($408,200 for married couples filing jointly);

• The highest rate is 37 percent, for single taxpayers with incomes over $510,300 ($612,350 for married couples filing jointly).

​

​

 

2019 Social Security Tax Rates

​

Social Security Maximum Taxable Earnings $132,900

Social Security Tax Rate: Employers 6.2%

Social Security Tax Rate: Employees 6.2%

​

Medicare Maximum Taxable Earnings Unlimited

Medicare Tax Rate: Employers 1.45%

Medicare Tax Rate: Employees 1.45%

​

Social Security and Medicare Tax Rate: Self-Employed 15.3%

​

​