2019 IRS TAX BRACKET CHANGES

​See below for your new bracket:
Your 2019 individual income tax brackets

2019 Individual Income Tax RatesSingle-Taxable IncomeMarried Filing Jointly - Taxable IncomeHead of Household - Taxable Income10 percent0 to $9,7000 to $19,4000 to $13,850
12 percent$9,701 to $39,475$19,401 to $78,950$13,851 to $52,850
22 percent$39,476 to $84,200$78,951 to $168,400$52,851 to $84,200
24 percent$84,201 to $160,725$168,401 to $321,450$84,201 to $160,700
32 percent$160,726 to $204,100$321,451 to $408,200$160,701 to $204,100
35 percent$204,101 to $510,300$408,201 to $612,350$204,101 to $510,300
37 percent$510,301 and up$612,351 and up$510,301 and upSource: IRS
The standard deduction has also increased for 2019, rising to $12,200 for single filers (up from $12,000 in 2018). Married joint filers will be eligible for a $24,400 standard deduction, an increase from $24,000 in 2018.
Meanwhile, heads of household — that is, filers who are single parents — are getting a $350 boost to their standard deduction. It will be $18,350 in 2019.
Personal exemptions, which were eliminated from 2018 through 2025 as part of the Tax Cuts and Jobs Act, will remain at zero.

Retirement contributionsIf you're putting money away in a retirement plan, you can save a little bit more in 2019.
The IRS boosted the employee contribution limit for 401(k), 403(b) and most 457 plans to $19,000, reflecting an increase from $18,500. Savers age 50 and older can put away an additional $6,000.
If you have an IRA, you can put away $6,000 in annual contributions in 2019. That's up from $5,500. Catch-up contributions for savers age 50 and older remain at $1,000.