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TY 2019 Retirement Plan Contribution Limits

Plan	Contribution Limits	Catch-up Contribution (if 50)
Traditional IRA	$6,000	$1,000
Roth IRA	$6,000	$1,000
SIMPLE	$13,000	$3,000
401(k), 403 (b), and 457 plans	$19,000	$6,000

TY 2019 Social Security & Medicare Tax

	Maximum Compensation subject to FICA
Social Security	$132,900
Medicare Tax	No Limit
Medicare Additional Tax	over $200,000

TY 2019 Income Tax Brackets

Single	Married Filing Jointly	Married Filing Separately	Head of Household	Marginal Tax Rate
$0 to $9,700	$0 to $19,400	$0 to $9,700	$0 to $13,850	10%
$9,701 to $39,475	$19,401 to $78,950	$9,701 to $39,475	$13,851 to $52,850	12%
$39,476 to $84,200	$78,951 to $168,400	$39,476 to $84,200	$52,851 to $84,200	22%
$84,201 to $160,725	$168,401 to $321,450	$84,201 to $160,725	$84,201 to $160,700	24%
$160,726 to $204,100	$321,451 to $408,200	$160,726 to $204,100	$160,701 to $204,100	32%
$204,101 to $510,300	$408,201 to $612,350	$204,101 to $306,175	$204,101 to $510,300	35%
$510,301 or more	$612,351 or more	$306,176 or more	$510,301 or more	37%

TY 2019 Deductions & Exemptions

	Single	Married Filing Jointly	Married Filing Separately	Head of Household
Standard Deduction	$12,200	$24,400	$12,200	$18,350
Additional Deduction for 65 and Older or Blind	$1,650	$1,300	$1,300	$1,650

TY 2019 Mileage Rates

Purpose	Cents per mile
Business	58 ¢
Medical	20 ¢
Charitable	14 ¢
Moving	20 ¢

TY 2019 Capital Gains and Qualified Dividends

Filing Status	Short Term	Long Term/Qualified Dividends
		0%	15%	20%
Single	ordinary rate	$0 - $39,375	$39,376 - $434,550	Over $434,550
Married Filing Jointly	ordinary rate	$0 - $78,750	$78,751 - $488,850	Over $488,850
Married Filing Separately	ordinary rate	$0 - $39,375	$39,376 - $244,425	Over $244,425
Head of Household	ordinary rate	$0 - $52,750	$52,751 - $461,700	Over $461,700

Last updated 5/13/19

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