American Programmers Independent, LLC.

When you want something done, call API

Menu
  • API Leather Crafting
    • About API Leather Crafting
  • API Labor
    • Terms of Service
    • Rate Sheet
  • API Makerspace
    • GRUB_INIT_TUNE Necropolis
    • Raspberry Pi
    • Arduino
    • TI LaunchPads
  • About Us
  • Contact Us
  • Privacy Policy
Menu

2018 Tax Rates from WWW.IRS.GOV

Posted on December 28, 2018December 28, 2018 by John Nash

2018 Individual Income Tax Rates

See https://www.irs.gov/pub/irs-pdf/n1036.pdf and https://www.irs.gov/pub/irs-pdf/i1040gi.pdf starting around page 31. The tax table starts on page 67. The rates (for $100,000+ incomes) are shown directly on the Tax Computation Worksheet which starts on page 79.

If a family earns $3,000 / month, or $36,000 per year, after the $24,000 deduction, their income for tax purposes is $12,000 and the tax is $1,203. If your income is under $24,000 of course there is no tax because for tax purposes your income is zero. If a family earns $60,000 / year then for tax purposes their income is $36,000 and their tax is $3,942.

Note that there is an additional standard deduction for elderly and blind taxpayers, which is $1,300 for tax year 2018. This amount increases to $1,600 if the taxpayer is also unmarried.

Share on Social Media
x facebook pinterest linkedin tumblr reddit emailwhatsapptelegrammastodon

Search for Topic:

Buy Programming Labor

Buy WordPress Setup

Subscribers

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
Copyright © 2019 American Programmers Independent, LLC. - All Rights Reserved Worldwide
©2025 American Programmers Independent, LLC.