The following individual tax rates outlined in the Tax Cuts and Jobs Act signed on December 22, 2017 will be in effect for tax years 2020
Single Taxpayers
Taxable Income Over:
But Not Over:
The Tax Is:
Of the Amount over:
$0
$9,875
10%
$0
9,876
40,125
988 + 12%
9,876
40,126
85,525
4,617 + 22%
40,126
85,526
163,300
14,545 + 24%
85,526
163,301
207,350
33,276 + 32%
163,301
207,351
518,400
47,372 + 35%
207.351
518,401
156,239 + 37%
518,401
Married Individuals Filing Separately
Taxable Income Over:
But Not Over:
The Tax Is:
Of the Amount over:
$0
$9,875
10%
$0
9,876
40,125
988 + 12%
9,876
40,126
85,525
4,617+ 22%
40,126
85,526
163,300
14,545 + 24%
85,826
163,301
207,350
32,276+ 32%
163,301
207,351
311,025
47,372 + 35%
207,351
311,026
83,658 + 37%
518,401
Married Individuals Filing Joint Returns and Surviving Spouses
Taxable Income Over:
But Not Over:
The Tax Is:
Of the Amount over:
$0
$19,750
10%
$0
19,751
80,250
1,975 + 12%
19,751
80,251
171,050
9,236 + 22%
80,251
171,051
326,600
29,211 + 24%
171,051
326,601
414,700
66,542 + 32%
326.601
414,701
622,050
94,734 + 35%
414,701
622,051
167,306 + 37%
622,051
Heads of Household
Taxable Income Over:
But Not Over:
The Tax Is:
Of the Amount over:
$0
$14,100
10%
$0
14,101
53,700
$1,410 + 12%
14,101
53,701
85,500
6,162 + 22%
53,701
85,501
163,300
13,158 + 24%
85,501
163,301
207,350
31,829 + 32%
163,301
207,351
518,400
45,925 + 35%
207,351
518,401
154,792 + 37%
518,401
Estates & Trusts
Taxable Income Over:
But Not Over:
The Tax Is:
Of the Amount over:
$0
2,600
10%
$0
2,600
9,300
260.00+ 24%
2,600
9,300
12,750
1,868.00 + 35%
9,300
12,750
3,075.50 + 37%
12,750
Testimonials
Thx Mark and it’s great to be working with you and your team again this year. We really appreciate your knowledge and guidance as we navigate the Canadian and US tax system over the last couple years. You and your team are our go trusted accountants and we appreciate all that you do.
EH, St Petersburg, FL, 3/6/2026
I'm relieved that my taxes for this year are done. I appreciate you doing my returns very expeditiously.
FA, Stratford, ON, 3/6/2026
I do want to make sure to say I've had an extremely positive experience. International taxes are extremely complicated, especially given my unstructured investment portfolio, and I would not know where to begin. The help (especially with my mother's final taxes) has been greatly appreciated.
JJ, Orleans, ON, 3/6/2026
Thank you for being so clear! Again, thank you for your patience :)
AN, Buffalo, NY, 3/5/2026
Again, thank you so much for your diligence on all of this, really appreciated!!!!
MH, Montreal, QC, 2/28/2026
Thx Mark and it’s great to be working with you and your team again this year. We really appreciate your knowledge and guidance as we navigate the Canadian and US tax system over the last couple years. You and your team are our go trusted accountants and we appreciate all that you do.
EH, St Petersburg, FL, 3/6/2026
I'm relieved that my taxes for this year are done. I appreciate you doing my returns very expeditiously.
FA, Stratford, ON, 3/6/2026
I do want to make sure to say I've had an extremely positive experience. International taxes are extremely complicated, especially given my unstructured investment portfolio, and I would not know where to begin. The help (especially with my mother's final taxes) has been greatly appreciated.
JJ, Orleans, ON, 3/6/2026
Thank you for being so clear! Again, thank you for your patience :)
AN, Buffalo, NY, 3/5/2026
Again, thank you so much for your diligence on all of this, really appreciated!!!!
MH, Montreal, QC, 2/28/2026
Thx Mark and it’s great to be working with you and your team again this year. We really appreciate your knowledge and guidance as we navigate the Canadian and US tax system over the last couple years. You and your team are our go trusted accountants and we appreciate all that you do.
EH, St Petersburg, FL, 3/6/2026
I'm relieved that my taxes for this year are done. I appreciate you doing my returns very expeditiously.
