10% of taxable income
$987.50 plus 12% of the amount over $9,875
$4,617.50 plus 22% of the amount over $40,125
$14,605.50 plus 24% of the amount over $85,525
$33,271.50 plus 32% of the amount over $163,300
$47,367.50 plus 35% of the amount over $207,350
$156,235 plus 37% of the amount over $518,400
10% of taxable income
$1,975 plus 12% of the amount over $19,750
$9,235 plus 22% of the amount over $80,250
$29,211 plus 24% of the amount over $171,050
$66,543 plus 32% of the amount over $326,600
$94,735 plus 35% of the amount over $414,700
$167,307.50 plus 37% of the amount over $622,050
10% of taxable income
$987.50 plus 12% of the amount over $9,875
$4,617.50 plus 22% of the amount over $40,125
$14,605.50 plus 24% of the amount over $85,525
$33,271.50 plus 32% of the amount over $163,300
$47,367.50 plus 35% of the amount over $207,350
$83,653.75 plus 37% of the amount over $311,025
10% of taxable income
$1,410 plus 12% of the amount over $14,100
$6,162 plus 22% of the amount over $53,700
$13,158 plus 24% of the amount over $85,500
$31,830 plus 32% of the amount over $163,300
$45,926 plus 35% of the amount over $207,350
$154,793.50 plus 37% of the amount over $518,400
Maximum Earned Income Credit
Adjusted Gross Income at max credit: $7,030.
Phase-out Bracket: $8,790 - $15,820
Adjusted Gross Income at max credit: $10,540
Phase-out Bracket: $19,330 - $41,756
Adjusted Gross Income at max credit: $14,800
Phase-out Bracket: $19,330 - $47,440
Adjusted Gross Income at max credit: $14,800
Phase-out Bracket: $19,330 - $47,440
Maximum Earn Income Credit
Adjusted Gross Income at max credit: $7,030
Phase-out Brackets: $14,680 - $21,710
Adjusted Gross Income at max credit: $10,540
Phase-out Brackets: $25,220 - $47,646
Adjusted Gross Income at max credit: $14,800
Phase-out Brackets: $25,220 - $53,330
Adjusted Gross Income at max credit: $14,800
Phase-out Brackets: $25,220 - $56,844
The Standard Deduction increased by $200 for single filers and $400 for married couples filing jointly.
Personal Exemptions remained eliminated for 2020.