State, Local, and Property Taxes – Limited to $10K You may increase your standard deduction by $2,600 if both you and your spouse are blind. If you are Married Filing Jointly and you or your spouse is blind, you may increase your standard deduction by $1,300. If you are legally blind, you may increase your standard deduction by $1,650 if filing Single or Head of Household. If both you and your spouse are 65 or older, you may increase your standard deduction by $2,600. If you are Married Filing Jointly and you or your spouse is 65 or older, you may increase your standard deduction by $1,300. If you are age 65 or older, you may increase your standard deduction by $1,650 if you file Single or Head of Household. Under the new law, no exceptions are made to the standard deduction for the elderly or blind. The 2019 standard deduction is increased to $24,400 for married individuals filing a joint return $18,350 for head-of-household filers and $12,200 for all other taxpayers. For more on the tax brackets and income ranges visit our website at. Lower 2018 Tax Brackets and Changed Income Ranges $164,706 + 37% of the amount over $612,350įor Married Couples Filing Separately: Marginal Tax Rate $152,160 + 37% of the amount over $510,300įor Married Couples Filing Jointly: Marginal Tax Rate $46,628 + 35% of the amount over $204,100įor Heads of Household: Marginal Tax Rate If Your Income Falls Within This Range, Your Income Tax Is… 2019 Tax Brackets, Standard Deduction Amounts & More (for taxes due April 15, 2020)
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