Tax Rates

The following are Federal tax rates for 2017:

  • Standard deduction
    • Single or married filing separately: $6,350
    • Married filing jointly: $12,700
    • Head of household: $9,350
  • The personal exemption amount for 2017 is $4,050.
  • Beginning January 1, 2017, the standard mileage rate will be:
    • 53.5 cents per mile for business miles driven
    • 17 cents per mile driven for medical or moving purposes
    • 14 cents per mile driven in service of charitable organizations
  • Individual Income Tax Rate for 2017
Tax Rate Single Married Filing Joint Married Filing Separate Head of Household
10% $0 – $9,325 $0 – $18,650 $0 – $9,325 $0 – $13,350
15% $9,326 – $37,950 $18,651 – $75,900 $9,326 – $37,950 $13,351 – $50,800
25% $37,951 – $91,900 $75,901– $153,100 $37,951 – $76,550 $50,801 – $131,200
28% $91,901 – $191,650 $153,101 – $233,350 $76,551 – $116,675 $131,201 – $212,500
33% $191,651 – $416,700 $233,351 – $416,700 $116,676 – $208,350 $212,501 – $416,700
35% $416,701 – $418,400 $416,701 – $470,700 $208,351 – $235,350 $416,701 – $444,550
39.6% $418,401 + $470,701 + $235,351 + $444,551