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What people at every income level from $21,000 to $265,000 will have to pay in taxes this year

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  • The IRS released new tax brackets, adjusted for inflation, for 2019.
  • The tax brackets apply to income earned in 2019 (taxes are due on April 15 for income earned in 2018).
  • The federal income-tax ranges have shifted slightly, and the standard deduction will be $12,200 for single filers and $24,400 for married filers.
  • Below, we’ve calculated the tax rate for people in jobs that earn different average salaries, from fast-food workers to dentists.

It’s been over a year since President Donald Trump signed the Republican tax bill into law, which overhauled the US tax code. It shifted the ranges for <a target="_blank" read more >>>

Source:: BusinessInsider.Com