Fair Tax Refund Services

FairTax Refund Service, A Tax and Business Back-office Company, Nationwide Service

Tax Rates

Tax Rates

2017 Tax Rates – Single Taxpayers – Standard Deduction $6,350

2016 Rates


  • 10%
  • 0 to $9,325

  • 15%
  • $9,325 to $37,950

  • 25%
  • $37,950 to $91,900

  • 28%
  • $91,900 to $191,650

  • 33%
  • $191,650 to $416,700

  • 35%
  • $416,700 to $418,400

  • 39.6%
  • Over $418,400

2017 Tax Rates – Married Jointly & Surviving Spouses – Standard Deduction $12,700


  • 10%
  • 0 to $18,650

  • 15%
  • $18,650 to $75,900

  • 25%
  • $75,900 to $153,100

  • 28%
  • $153,100 to $233,350

  • 33%
  • $233,350 to $416,700

  • 35%
  • $416,700 to $470,700

  • 39.6%
  • Over $470,700

2017 Tax Rates – Married Filing Separately – Standard Deduction $6,350


  • 10%
  • 0 to $9,325

  • 15%
  • $9,325 to $37,950

  • 25%
  • $37,950 to $76,550

  • 28%
  • $76,550 to $116,675

  • 33%
  • $116,675 to $208,350

  • 35%
  • $208,350 to $235,350

  • 39.6%
  • Over $235,350

2017 Tax Rates – Head of Household – Standard Deduction $9,350


  • 10%
  • 0 to $13,350

  • 15%
  • $13,350 to $50,800

  • 25%
  • $50,800 to $131,200

  • 28%
  • $131,200 to $212,500

  • 33%
  • $212,500 to $416,700

  • 35%
  • $416,700 to $444,500

  • 39.6%
  • Over $444,500

2017 Tax Rates – Estates & Trusts


  • 15%
  • 0 to $2,550

  • 25%
  • $2,550 to $6,000

  • 28%
  • $6,000 to $9,150

  • 33%
  • $9,150 to $12,500

  • 39.6%
  • Over $12,500

  • Social Security
  • 2017 Tax Rates

  • Social Security Tax Rate: Employers
  • 6.2%

  • Social Security Tax Rate: Employees
  • 6.2%

  • Social Security Tax Rate: Self-Employed
  • 15.3%

  • Maximum Taxable Earnings
  • $127,200

  • Medicare Base Salary
  • Unlimited

  • Medicare Tax Rate
  • 1.45%

  • Additional Medicare Tax for income above $200,000 (single filers) or $250,000 (joint filers)
  • 0.9%

  • Medicare tax on net investment income ($200,000 single filers, $250,000 joint filers)
  • 3.8%

  • Miscellaneous
  • 2017 Tax Rates

  • Personal Exemption
  • $4,050

  • Business expensing limit: Cap on equipment purchases
  • $2,030,000

  • Business expensing limit: New and Used Equipment and Software
  • $510,000

  • Prior-year safe harbor for estimated taxes of higher-income
  • 110% of your 2017 tax liability

  • Standard mileage rate for business driving
  • 53.5 cents

  • Standard mileage rate for medical/moving driving
  • 17 cents

  • Standard mileage rate for charitable driving
  • 14 cents

  • Child Tax Credit
  • $1,000

  • Unearned income maximum for children under 19 before kiddie tax applies
  • $1,050

  • Maximum capital gains tax rate for taxpayers in the 10% or 15% bracket
  • 0%

  • Maximum capital gains tax rate for taxpayers above the 15% bracket but below the 39.6% bracket
  • 15%

  • Maximum capital gains tax rate for taxpayers in the 39.6% bracket
  • 20%

  • Capital gains tax rate for unrecaptured Sec. 1250 gains
  • 25%

  • Capital gains tax rate on collectibles
  • 28%

  • Maximum contribution for Traditional/Roth IRA
  • $5,500 if under age 50
    $6,500 if 50 or older

  • Maximum employee contribution to SIMPLE IRA
  • $12,500 if under age 50
    $15,500 if 50 or older

  • Maximum Contribution to SEP IRA
  • 25% of eligible compensation
    up to $54,000

  • 401(k) maximum employee contribution limit
  • $18,000 if under age 50
    $24,000 if 50 or older

  • Estate tax exemption
  • $5,490,000

  • Annual Exclusion for Gifts
  • $14,000

  • Education
  • 2017 Tax Rates

  • American Opportunity Credit (Hope)
  • $2,500

  • Lifetime Learning Credit
  • $2,000

  • Student Loan Interest Deduction
  • $2,500

  • Coverdell Education Savings Contribution
  • $2,000

Standard Meal Rates for Family Child Care Providers for 2017 income tax returns


  • Continental U.S.

  • 2016-17 Tax Rates

  • >For each breakfast
  • $1.31

  • For each lunch or supper
  • $2.46

  • For each snack (up to 3 per day for each child)
  • $0.73

  • Alaska
  • 2016-17 Tax Rates

  • For each breakfast
  • $2.09

  • For each lunch or supper
  • $3.99

  • For each snack (up to 3 per day for each child)
  • $1.19

  • Hawaii
  • 2016-17 Tax Rates

  • For each breakfast
  • $1.53

  • For each lunch or supper
  • $2.88

  • For each snack (up to 3 per day for each child)
  • $0.86