2018 Social Security Tax Rates


Social Security Rate Employers             6.2%

Social Security Rate Employees             6.2%

Social Security Rate Self-Employed     15.3%

Maximum Taxable Earnings                $128,400

Medicare Base Salary                            Unlimited

Additional Medicare Tax for income above

    $200,000 single($250,000 joint)         0.9%

Medicare tax on net investment income

    $200,000 single($250,000 joint)         3.8%


2018 Tax Rates - Married Jointly & Surviving Spouses 

Standard Deduction $24,000


10%    - $0 to $19,049

12%    - $19,050 to $77,399

22%    - $77,400 to $164,499

24%    - $165,000 to $314,999

32%    - $315,000 to $399,999

35%    - $400,000 to $599,999

37% - Over $600,000

Call for an appointment:812-385-5834

2018 Tax Rates - Estates & Trusts 


$0 - $2500           -  10%

$2501-$9150      -   $255 + 24% of the amount over $2500

$9151-$12,500   -  $1839 + 35% of the amount over $9150

$12,501 +            -  $3011.50 + 37% of the amount over                                            $12,500

2018 Tax Rates - Single Taxpayers 

Standard Deduction $12,000


10%    - $0 to $9524

12%    - $9525 to $38,699

22%    - $38,700 to $82,499

24%    - $82,500 to $157,499

32%    - $157,500 to $199,999

35%    - $200,000 to $499,999

37%    - $500,000

2018 Miscellaneous & Education  

                      Tax Rates

B.B. Byers, CPA

2018 Tax Rates - Head of Household 

Standard Deduction $18,000


10%    - $0 to $13,599

12%    - $13,600 to $51,799

22%    - $51,800 to $82,499

24%    - $82,500 to $157,499

32%    - $157,500 to $199,999

35%    - $200,000 to $499,999

37% - Over $500,000

2018 Tax Rates - Married Filing Separately 

Standard Deduction $12,000


10%    - $0 to $9,524

12%    - $9,525 to $38,699

22%    - $38,700 to $82,499

24%    - $82,500 to $157,499

32%    - $157,500 to $199,999

35%    - $200,000 to $499,999 

37% - Over $500,000