How The New 2019 Income Tax Brackets Will Affect You
The new law retains seven income tax brackets but alters the ranges. Personal exemptions have been eliminated, but the standard deduction has increased. These changes to Americans' tax brackets will kick in when you file your 2018 taxes before Tax Day on April 15 in 2019. How the new tax bracket shift affects you comes down to several factors, like how much you earn and whether you're married.