TAXES part 7

Here is the 2018 table showing your total Federal income tax ($), marginal tax rate (%), and your effective tax rate (%) based on joint income (adjusted gross income to be technical).
Please Watch the video to see how to use it properly.

I updated the charts a bit from the video. They include charts for income up to $200k, $500k, $1M, and $2M.

2018 Tax Rates (Married Filing Jointly)

0%: $0 to $24,000
10%: $24,001 to $43,050 
12%: $43,051 to $101,400
22%: $101,401 to $189,000
24%: $189,001 to $339,000
32%: $339,001 to $424,000
35%: $424,001 to $624,000
37%: $624,001+

These are based on the following tax “Brackets” already incorporating a $24,000 standard deduction (the “0%” bracket)

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