The IRS website defines the new tax brackets as follows:
- 10% for incomes of $10,275 or less ($20,550 for married couples filing jointly, $14,650 for heads of household)
- 12% for incomes over $10,275 ($20,550 for married couples filing jointly, $14,651 for heads of household)
- 22% for incomes over $41,775 ($83,550 for married couples filing jointly, 89,051 for heads of household)
- 24% for incomes over $89,075 ($178,150 for married couples filing jointly, $89,050 for heads of household)
- 32% for incomes over $170,050 for singles and heads of household ($340,100 for married couples filing jointly)
- 35%, for incomes over $215,950 for singles and heads of household ($431,900 for married couples filing jointly)
- 37% for incomes over $539,900 for singles and heads of household ($647,850 for married couples filing jointly)
JEFFREY NEWMAN REPRESENTS WHISTLEBLOWERS INCLUDING CLAIMS IN THE IRS WHISTLEBLOWER PROGRAM.
HE CAN BE REACHED AT jeff@jeffnewmanlaw.com OR 617-823-3217
