Mileage Deductions For 2019

Standard mileage rate for 2019 increases to 58 cents per mile, up from 54.5 cents for 2018. The rate for medical and moving mileage increases to 20 cents per mile, up from 18 cents. The charitable mileage rate remains at 14 cents per mile. It is important to note that under the Tax Cuts and Jobs Act, taxpayers cannot claim a miscellaneous itemized deduction for unreimbursed employee travel expenses. Taxpayers also cannot claim a deduction

2019 Tax Rates & Mileage Rates

[vc_row][vc_column][vc_custom_heading text=”Tax Brackets and Rates, 2019″ use_theme_fonts=”yes”][vc_row_inner][vc_column_inner][vc_column_text] Rate For Unmarried Individuals, Taxable Income Over For Married Individuals Filing Joint Returns, Taxable Income Over For Heads of Households, Taxable Income Over 10% $0 $0 $0 12% $9,700 $19,400 $13,850 22% $39,475 $78,950 $52,850 24% $84,200 $168,400 $84,200 32% $160,725 $321,450 $160,700 35% $204,100 $408,200 $204,100 37% $510,300 $612,350 $510,300 [/vc_column_text][/vc_column_inner][/vc_row_inner][vc_custom_heading text=”2019 Standard Deduction and Personal Exemption” use_theme_fonts=”yes”][vc_column_text] Filing Status Deduction Amount Single $12,200 Married Filing Jointly

2018 Tax Rates & Mileage Rates

[vc_row][vc_column][vc_custom_heading text=”Tax Brackets and Rates, 2018″ use_theme_fonts=”yes”][vc_column_text] Rate For Unmarried Individuals, Taxable Income Over For Married Individuals Filing Joint Returns, Taxable Income Over For Heads of Households, Taxable Income Over 10% $0 $0 $0 12% $9,525 $19,050 $13,600 22% $38,700 $77,400 $51,800 24% $82,500 $165,000 $82,500 32% $157,500 $315,000 $157,500 35% $200,000 $400,000 $200,000 37% $500,000 $600,000 $500,000 [/vc_column_text][vc_custom_heading text=”2018 Standard Deduction and Personal Exemption” use_theme_fonts=”yes”][vc_column_text] Filing Status Deduction Amount Single $12,000 Married Filing Jointly

2017 Tax Rates & Mileage Rates

[vc_row][vc_column][vc_custom_heading text=”Single Taxable Income Tax Brackets and Rates, 2017″ use_theme_fonts=”yes”][vc_row_inner][vc_column_inner][vc_column_text] Rate Taxable Income Bracket Tax Owed 10% $0 to $9,325 10% of Taxable Income 15% $9,325 to $37,950 $932.50 plus 15% of the excess over $9,325 25% $37,950 to $91,900 $5,226.25 plus 25% of the excess over $37,950 28% $91,900 to $191,650 $18,713.75 plus 28% of the excess over $91,900 33% $191,650 to $416,700 $46,643.75 plus 33% of the excess over $191,650 35% $416,700 to