
1/ ShutterstockProfessional
In late 2017, the House of Representatives passed the final version of a $1.5 trillion tax bill, the most comprehensive overhaul of the tax code in decades. After cheers from the right and boos from the left quieted down, wide swaths of American taxpayers were left wondering one thing: How will this affect our bank accounts?
Though experts have already noted which provisions could affect your tax return the most, nearly 60 percent of Americans still say they don’t understand exactly what will change. In order to provide a broad overview of how the new tax code will impact the country, Wallethub ranked the impact on all 50 states and the District of Columbia. Wallethub used data on average tax changes for different income brackets from the Institute on Taxation and Economic Policy's 2018 report to generate estimates of each state’s average tax change using a regression model. Wallethub ranked the impact on lowincome families who make $25,000 per year, middleincome families who make $50,000 per year and highincome families who make $150,000 per year, in addition to ranking the states overall (the higher the ranking, the more affected that state is by the new code). Read on to see how the new tax code will affect residents in your state in 2018—and decide whether or not you might want to hire an accountant for the next tax season.

2/ Tim Kiser // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 46
‘Middleincome families’ ($50,000 annual income) rank: 50
‘Highincome families’ ($150,000 annual income) rank: 44

3/ John Phelan // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 41
‘Middleincome families’ ($50,000 annual income) rank: 49
‘Highincome families’ ($150,000 annual income) rank: 45

4/ Terabass // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 32
‘Middleincome families’ ($50,000 annual income) rank: 43
‘Highincome families’ ($150,000 annual income) rank: 50

5/ MaxPixel
‘Lowincome families’ ($25,000 annual income) rank: 10
‘Middleincome families’ ($50,000 annual income) rank: 48
‘Highincome families’ ($150,000 annual income) rank: 46

6/ GoodFreePhotos
‘Lowincome families’ ($25,000 annual income) rank: 15
‘Middleincome families’ ($50,000 annual income) rank: 25
‘Highincome families’ ($150,000 annual income) rank: 49

7/ DPPed // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 2
‘Middleincome families’ ($50,000 annual income) rank: 51
‘Highincome families’ ($150,000 annual income) rank: 51

8/ GoodFreePhotos
‘Lowincome families’ ($25,000 annual income) rank: 16
‘Middleincome families’ ($50,000 annual income) rank: 45
‘Highincome families’ ($150,000 annual income) rank: 47

9/ SchuminWeb // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 40
‘Middleincome families’ ($50,000 annual income) rank: 30
‘Highincome families’ ($150,000 annual income) rank: 41

10/ M.O. Stevens // Flickr
‘Lowincome families’ ($25,000 annual income) rank: 45
‘Middleincome families’ ($50,000 annual income) rank: 28
‘Highincome families’ ($150,000 annual income) rank: 39

11/ R.Hood Photography // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 48
‘Middleincome families’ ($50,000 annual income) rank: 38
‘Highincome families’ ($150,000 annual income) rank: 30

12/ Public Domain Pictures
‘Lowincome families’ ($25,000 annual income) rank: 18
‘Middleincome families’ ($50,000 annual income) rank: 46
‘Highincome families’ ($150,000 annual income) rank: 35

13/ Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 38
‘Middleincome families’ ($50,000 annual income) rank: 47
‘Highincome families’ ($150,000 annual income) rank: 23

14/ GoodFreePhotos
‘Lowincome families’ ($25,000 annual income) rank: 34
‘Middleincome families’ ($50,000 annual income) rank: 11
‘Highincome families’ ($150,000 annual income) rank: 43

15/ Seifler // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 17
‘Middleincome families’ ($50,000 annual income) rank: 32
‘Highincome families’ ($150,000 annual income) rank: 42

16/ Yinan Chen // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 28
‘Middleincome families’ ($50,000 annual income) rank: 27
‘Highincome families’ ($150,000 annual income) rank: 40

17/ Daniel Schwen // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 21
‘Middleincome families’ ($50,000 annual income) rank: 40
‘Highincome families’ ($150,000 annual income) rank: 29

18/ Ken Lund // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 24
‘Middleincome families’ ($50,000 annual income) rank: 35
‘Highincome families’ ($150,000 annual income) rank: 32

19/ Jim Bowen // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 13
‘Middleincome families’ ($50,000 annual income) rank: 26
‘Highincome families’ ($150,000 annual income) rank: 38

20/ Khanrak // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 11
‘Middleincome families’ ($50,000 annual income) rank: 31
‘Highincome families’ ($150,000 annual income) rank: 36

21/ Marcbela // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 6
‘Middleincome families’ ($50,000 annual income) rank: 42
‘Highincome families’ ($150,000 annual income) rank: 33

22/ Doug Kerr // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 9
‘Middleincome families’ ($50,000 annual income) rank: 37
‘Highincome families’ ($150,000 annual income) rank: 34

23/ Public Domain Pictures
‘Lowincome families’ ($25,000 annual income) rank: 51
‘Middleincome families’ ($50,000 annual income) rank: 23
‘Highincome families’ ($150,000 annual income) rank: 19

24/ Audree // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 49
‘Middleincome families’ ($50,000 annual income) rank: 36
‘Highincome families’ ($150,000 annual income) rank: 11

25/ GoodFreePhotos
‘Lowincome families’ ($25,000 annual income) rank: 5
‘Middleincome families’ ($50,000 annual income) rank: 5
‘Highincome families’ ($150,000 annual income) rank: 48

26/ Max Pixel
‘Lowincome families’ ($25,000 annual income) rank: 26
‘Middleincome families’ ($50,000 annual income) rank: 41
‘Highincome families’ ($150,000 annual income) rank: 14

27/ GoodFreePhotos
‘Lowincome families’ ($25,000 annual income) rank: 31
‘Middleincome families’ ($50,000 annual income) rank: 12
‘Highincome families’ ($150,000 annual income) rank: 37

28/ Robbymilo // WIkicommons
‘Lowincome families’ ($25,000 annual income) rank: 33
‘Middleincome families’ ($50,000 annual income) rank: 33
‘Highincome families’ ($150,000 annual income) rank: 15

29/ Bz3rk // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 29
‘Middleincome families’ ($50,000 annual income) rank: 16
‘Highincome families’ ($150,000 annual income) rank: 31

30/ Max Pixel
‘Lowincome families’ ($25,000 annual income) rank: 19
‘Middleincome families’ ($50,000 annual income) rank: 29
‘Highincome families’ ($150,000 annual income) rank: 21

31/ tpsdave // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 35
‘Middleincome families’ ($50,000 annual income) rank: 22
‘Highincome families’ ($150,000 annual income) rank: 16

32/ Max Pixel
‘Lowincome families’ ($25,000 annual income) rank: 36
‘Middleincome families’ ($50,000 annual income) rank: 34
‘Highincome families’ ($150,000 annual income) rank: 9

33/ Andrew Filer // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 23
‘Middleincome families’ ($50,000 annual income) rank: 44
‘Highincome families’ ($150,000 annual income) rank: 10

34/ P199 // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 12
‘Middleincome families’ ($50,000 annual income) rank: 21
‘Highincome families’ ($150,000 annual income) rank: 22

35/ Pedro Szekely // Flickr
‘Lowincome families’ ($25,000 annual income) rank: 7
‘Middleincome families’ ($50,000 annual income) rank: 18
‘Highincome families’ ($150,000 annual income) rank: 28

36/ IIP Photo Archive // Flickr
‘Lowincome families’ ($25,000 annual income) rank: 27
‘Middleincome families’ ($50,000 annual income) rank: 10
‘Highincome families’ ($150,000 annual income) rank: 26

37/ Carol M. Highsmith // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 3
‘Middleincome families’ ($50,000 annual income) rank: 24
‘Highincome families’ ($150,000 annual income) rank: 27

38/ Kristin Nador // Flickr
‘Lowincome families’ ($25,000 annual income) rank: 42
‘Middleincome families’ ($50,000 annual income) rank: 8
‘Highincome families’ ($150,000 annual income) rank: 17

39/ Brylie Oxley // Washington
‘Lowincome families’ ($25,000 annual income) rank: 20
‘Middleincome families’ ($50,000 annual income) rank: 6
‘Highincome families’ ($150,000 annual income) rank: 25

40/ Ben Townsend // Wyoming
‘Lowincome families’ ($25,000 annual income) rank: 50
‘Middleincome families’ ($50,000 annual income) rank: 39
‘Highincome families’ ($150,000 annual income) rank: 3

41/ GoodFreePhotos
‘Lowincome families’ ($25,000 annual income) rank: 39
‘Middleincome families’ ($50,000 annual income) rank: 19
‘Highincome families’ ($150,000 annual income) rank: 6

42/ GoodFreePhotos
‘Lowincome families’ ($25,000 annual income) rank: 25
‘Middleincome families’ ($50,000 annual income) rank: 3
‘Highincome families’ ($150,000 annual income) rank: 24

43/ Dk4hb // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 30
‘Middleincome families’ ($50,000 annual income) rank: 13
‘Highincome families’ ($150,000 annual income) rank: 12

44/ Delaware National Guard
‘Lowincome families’ ($25,000 annual income) rank: 14
‘Middleincome families’ ($50,000 annual income) rank: 4
‘Highincome families’ ($150,000 annual income) rank: 20

45/ Ed Schipul // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 4
‘Middleincome families’ ($50,000 annual income) rank: 17
‘Highincome families’ ($150,000 annual income) rank: 13

46/ GoodFreePhotos
‘Lowincome families’ ($25,000 annual income) rank: 43
‘Middleincome families’ ($50,000 annual income) rank: 9
‘Highincome families’ ($150,000 annual income) rank: 5

47/ jglazer75 // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 8
‘Middleincome families’ ($50,000 annual income) rank: 7
‘Highincome families’ ($150,000 annual income) rank: 4

48/ Amadscientist // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 37
‘Middleincome families’ ($50,000 annual income) rank: 2
‘Highincome families’ ($150,000 annual income) rank: 7

49/ Andrew Bossi // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 1
‘Middleincome families’ ($50,000 annual income) rank: 20
‘Highincome families’ ($150,000 annual income) rank: 18

50/ GoodFreePhotos
‘Lowincome families’ ($25,000 annual income) rank: 22
‘Middleincome families’ ($50,000 annual income) rank: 14
‘Highincome families’ ($150,000 annual income) rank: 2

51/ André Natta // Flickr
‘Lowincome families’ ($25,000 annual income) rank: 47
‘Middleincome families’ ($50,000 annual income) rank: 15
‘Highincome families’ ($150,000 annual income) rank: 1

52/ Alan Wu // Wikicommons
‘Lowincome families’ ($25,000 annual income) rank: 44
‘Middleincome families’ ($50,000 annual income) rank: 1
‘Highincome families’ ($150,000 annual income) rank: 8