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The following list shows the exemption limits for 2018, 2019 and 2020 tax years.

Max Tax Rate 37.00% 37.00%
- Single Top Salary $510,300.00 $518,400.00
- Married Top Salary $612,350.00 $622,050.00
Personal Exemption N/A N/A
Standard Deduction
- Single Standard Deduction $12,200.00 $12,400.00
- Married Standard Deduction $24,400.00 $24,800.00
- Head of Household Maximum Deduction $18,350.00 $18,650.00
FICA Taxable Wages $132900.00 $137700.00
FICA % 6.20% 6.20%
- FICA Max Withholding $8,239.80 $8,537.40
Section 179 $1,020,000.00 $1,040,000.00
Estate Tax Unified Credit $11,400,000.00 $11,580,000.00
Non-Taxable Gifts $15,000.00 $15,000.00
Mileage Rates
- Business Travel $0.580 $0.000
- Charity $0.14 $0.00
- Medical and Moving $0.20 $0.00
Retirement Plans
- Compensation Limit $280,000.00 $285,000.00
- Pension/SEP $56,000.00 $57,000.00
- 401K $19,000.00 $19,500.00
- > 50 Catch Up (401K) $6,000.00 $6,500.00
- Simple $13,000.00 $13,500.00
- > 50 Catch Up (Simple) $3,000.00 $3,000.00
- IRA $6,000.00 $6,000.00
- > 50 Catch Up (IRA) $1,000.00 $1,000.00
Flexible Spending Accounts $2,700.00 $2,750.00
Qualified Employee Fringe Benefits $270.00/month
Health Savings Account
- Self Plan $3,500.00 $3,550.00
- Family Plan $7,000.00 $7,100.00
- Age 55 and Over Catch Up $1,000.00 $1,000.00