2017 Individual Deductions and Exemptions
Individual Deductions and Exemptions
| Deduction Or Exemption Type | Amount |
| Standard Deduction | 20% |
| Maximum Standard Deduction | Single | $4,510 |
| Married Filing Separately | $4,510 |
| Married Filing Jointly | $9,020 |
| Head of Household | $9,020 |
| Minimum Standard Deduction | Single | $2,000 |
| Married Filing Separately | $2,000 |
| Married Filing Jointly | $4,000 |
| Head of Household | $4,000 |
| Personal Exemption | $2,400 |
| Partial Pension and Annuity Income Exemption | Maximum Exemption | $4,110 |
| FAGI thresshold for phase-out | $34,260 |
| Capital Gains Tax Credit | 2% |
2017 Individual Income Tax Rates
| If your taxable income is more than | but not more than | Your tax is | minus |
| $0 | $3,000 | 1% of your taxable income | $0 |
| $3,000 | $5,200 | 2% of your taxable income | $29 |
| $5,200 | $8,000 | 3% of your taxable income | $81 |
| $8,000 | $10,800 | 4% of your taxable income | $160 |
| $10,800 | $13,900 | 5% of your taxable income | $266 |
| $13,900 | $17,900 | 6% of your taxable income | $402 |
| $17,900 | 6.9% of your taxable income | $560 |
Quick Information
Due Date
April 17
Taxes
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