So I just filed my taxes for 2018 and on the front sheet it has by adjusted gross income, my taxable income and my tax rate. Is my tax rate go off the AGI or TI?

[brtyan]

So I just filed my taxes for 2018 and on the front sheet it has by adjusted gross income, my taxable income and my tax rate. Is my tax rate go off the AGI or TI?  Because my tax amount appears to have went off the AGI and not the TI.

[DianeW · Accepted solution]

Your tax rate is based on your taxable income after deductions and exemptions. The taxable income is what is used to go to the Tax Tables or the Tax Rate Schedules to calculate your tax liability. Examples below for 2018 (not yet released by the IRS).

2018 tax brackets and income ranges for single taxpayers

• 10%: $0 to $9,525 of taxable income
• 12%: $9,526 to $38,700
• 22%: $38,701 to $82,500
• 24%: $82,501 to $157,500
• 32%: $157,501 to $200,000
• 35%: $200,001 to $500,000
• 37%: over $500,000
• Standard deduction: $12,000

2018 tax brackets and income ranges for married taxpayers filing jointly and surviving spouses

• 10%: $0 to $19,050 of taxable income.
• 12%: $19,051 to $77,400.
• 22%: $77,401 to $165,000.
• 24%: $165,001 to $315,000.
• 32%: $315,001 to $400,000.
• 35%: $400,001 to $600,000.
• 37%: over $600,000.
• Standard deduction: $24,000