Tax Cuts and Jobs Act Provisions Impacting Individuals
The House and Senate have voted and passed tax reform legislation, and President Trump has signed into law. Now that tax reform is definite, below we have highlighted some of the major provisions impacting individuals. Read the corporate tax provisions.
Individual Tax Brackets (Expire after December 31, 2025)
10% for taxable incomes up to $9,525 for individuals and $19,050 for married couples
12% for taxable incomes up to $38,700 for individuals and $77,400 for married couples