From the Desk of Ebere Okoye, The Wealthbuilding CPA 5010 Sunnyside Avenue, Ste 210, Betsville, MD 20705. Office: 301-441-4538, www.thewealthbuildingcpa.com, info@thewealthbuildingcpa.com 2018 tax brackets 1) Lowered marginal tax rate from 10%, 15%, 25%, 28%, 33%, 35%, 39.6% To 10%, 12%, 22%, 24%, 32%, 35%, 37%. Standard deduction and personal exemption Personal exemption is eliminated but standard deductions are “doubled” 2018 Standard deduction: Single ($ 12,000), Married Filing Jointly ($ 24,000), Married
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