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Tpy6a [65]
3 years ago
14

Income tax differences between 2017 and 2018 taxes in georgia

History
1 answer:
NeTakaya3 years ago
6 0
In 2017 Georgia people used only these rates:

Georgia - Single Tax Brackets<span><span>Tax BracketTax Rate 
</span><span><span>$0.00+            1%
</span><span>$750.00+        2%
</span><span>$2,250.00+     3%
</span><span>$3,750.00+     4%
</span><span>$5,250.00+     5%
</span><span>$7,000.00+     6%</span></span></span>Georgia - Married Filing Jointly Tax Brackets<span><span>Tax BracketTaxRate 
</span><span><span>$0.00+             1%
</span><span>$1,000.00+      2%
</span><span>$3,000.00+      3%
</span><span>$5,000.00+      4%
</span><span>$7,000.00+      5%
</span><span>$10,000.00+    <span>6%
</span></span></span></span>In December 2017, congress passed a sweeping federal income tax overhaul that affects personal income tax rates from tax year 2018 onward. Making a huge difference between 2017 and 2018.
<span>Federal - 2019 Single Tax Brackets </span><span><span>Rate
</span><span><span>$0.00+               10%
</span><span>$9,525.00+        12%
</span><span>$38,700.00+      22%
</span><span>$82,500.00+      24%
</span><span>$157,500.00+    32%
</span><span>$200,000.00+    35%
</span><span>$500,000.00+     37%</span></span></span><span>Federal - 2019 Married Filing Separately Tax Brackets</span><span><span> Rate
</span><span><span>$0.00+                10%
</span><span>$9,525.00+         12%
</span><span>$38,700.00+       22%
</span><span>$82,500.00+       24%
</span><span>$157,500.00+     32%
</span><span>$200,000.00+     35%
</span><span>$300,000.00+     <span>37%
</span></span></span></span>this  overhaul includes: Married Filing Jointly Tax Brackets and <span>Head of Household Tax Brackets.</span>
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