Trump Tax Cuts

With all of the confusion in the media about the new tax plan, here's the real scoop. You can compare what your taxes will be for the next eight years (starting in 2018), compared to 2017 (and compared to 2025, if these cuts are indeed sunset that year as currently planned). Just enter your marital status, your income, your number of exemptions (this goes away with the new plan), and how many children you have up to age 17. We'll calculate your 2018 taxes and compare them to your 2017 taxes. We have also included the (old and new) tax rate tables at the bottom of this page.

Use this simple calculator to find out how much your taxes will change.

Step 1) Select your filing status: Married Single
Step 2) Enter your Adjusted Gross Income (AGI), Form 1040, Line 37 (no commas) :
Step 3) Enter your number of exemptions (for comparison to old tax calculation):
Step 4) Enter your number of children under age 17:
Step 5) Click this button to calculate your tax change:

Your income tax for 2018:
Your income tax for 2017:
Your tax change:

2018 2017
Marital Status
Number of Exemptions
Number of Children under 17
Adjusted Gross Income
Standard Deduction
Taxable Income
Child Credit
Tax
Tax Change

2018:
Tax Bracket Married Filing Jointly Single
10% $0 - $19,050 $0 - $9,525
12% $19,050 - $77,400 $9,525 - $38,700
22% $77,400 - $165,000 $38,700 - $85,000
24% $165,000 - $315,000 $85,000 - $157,500
32% $315,000 - $400,000 $157,500 - $200,000
35% $400,000 - $600,000 $200,000 - $500,000
37% Over $600,000 Over $500,000
Standard Deduction $24,000 $12,000
Child Credit $2,000 $2,000

2017:
Tax Bracket Married Filing Jointly Single
10% $0 - $19,050 $0 - $9,525
15% $19,050 - $77,400 $9,525 - $38,700
25% $77,400 - $156,150 $38,700 - $93,700
28% $156,150 - $237,950 $93,700 - $195,450
33% $237,950 - $424,950 $195,450 - $424,950
35% $424,950 - $480,050 $424,950 - $426,700
39.6% Over $480,050 Over $426,700
Exemption Allowance $4,050 $4,050
Standard Deduction $12,700 $6,300
Child Credit $1,000 $1,000