Below are series of article written about the Tax Act and Jobs Act:

Tax Cuts and Jobs Act – Business Tax Changes (coming soon)
Tax Cuts and Jobs Act – Individual Tax Changes (coming soon)
Foreign income, foreign persons tax changes in the “Tax Cuts and Jobs Act” (coming soon)
S corp, partnership & other changes in the “Tax Cuts and Jobs Act” (coming soon)

Income Tax Changes for Individuals:

Estate and Gift Taxes 

In 2018, an exemption for estates is $11.18 million per individual. The top tax rate is 40%. The gift annual exclusion is $15,000.

Standard Deduction

Filing Status 2017 2018
Single $6,500 $12,000
Head of Household $9,550 $18,000
Married Filing Jointly $13,000 $24,000
Married Filing Separately $6,500 $12,000

Personal Exemption

2017 2018
Personal Exemption $4,050 $0

Personal exemptions are eliminated for tax years 2018 through 2025

2018 Tax Rates

Single Taxpayers
Taxable income over But not over Is taxed at
$0 $9,525 10%
$9,525 $38,700 12%
$38,700 $82,500 22%
$82,500 $157,500 24%
$157,500 $200,000 32%
$200,000 $500,000 35%
$500,000 37%

Heads of Households
Taxable income over But not over Is taxed at
$0 $13,600 10%
$13,600 $51,800 12%
$51,800 $82,500 22%
$82,500 $157,500 24%
$157,500 $200,000 32%
$200,000 $500,000 35%
$500,000 37%

Married Taxpayers Filing Joint Returns and Surviving Spouses
Taxable income over But not over Is taxed at
$0 $19,050 10%
$19,050 $77,400 12%
$77,400 $165,000 22%
$165,000 $315,000 24%
$315,000 $400,000 32%
$400,000 $600,000 35%
$600,000 37%

Married Taxpayers Filing Separately
Taxable income over But not over Is taxed at
$0 $9,525 10%
$9,525 $38,700 12%
$38,700 $82,500 22%
$82,500 $157,500 24%
$157,500 $200,000 32%
$200,000 $300,000 35%
$300,000 37%

Estates and Trusts
Taxable income over But not over Is taxed at
$0 $2,550 10%
$2,550 $9,150 24%
$9,150 $12,500 35%
$12,500 37%

Special brackets will apply for certain children with unearned income.