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82 Article - Understanding Marginal Income Tax Brackets

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Transcript

Filing Status

Single Filers

Head of Household

Married

(Filing Jointly)

Married

(Filing Separately)

Tax Rate 10% 12% 22% 24% 32% 35% 37%

Up to $24,800

Up to $12,400

Up to $12,400

Up to $17,700

Up to $24,800

Up to $12,400

Up to $12,400

Up to $17,700

10%

$24,801 – $100,800

$12,401- $50,400

$12,401 – $50,400

$17,701- $67,450

12%

$24,801 – $100,800

$12,401- $50,400

$12,401 – $50,400

$17,701- $67,450

$100,801 – $211,400

$50,401 - $105,700

$50,401 – $105,700

$67,451 - $105,700

22%

$100,801 – $211,400

$50,401 - $105,700

$50,401 – $105,700

$67,451 - $105,700

$105,701 – $201,775

$211,401 – $403,550

$105,701 - $201,750

$105,701 - $201,775

24%

$211,401 – $403,550

$105,701 - $201,775

$105,701 – $201,775

$105,701 - $201,750

$403,551 – $512,450

$201,776 - $256,225

$201,776– $256,225

$201,751 - $256,200

32%

$403,551 – $512,450

$201,776 - $256,225

$201,776– $256,225

$201,751 - $256,200

$512,451 – $768,700

$256,226 - $384,350

$256,226 – $640,600

$256,201 - $640,600

35%

$512,451 – $768,700

$256,226 - $384,350

$256,226 – $640,600

$256,201 - $640,600

Over $768,701

Over $384,351

Over $640,601

Over $640,601

37%

Over $768,701

Over $384,351

Over $640,601

Over $640,601