What Is The Federal Tax Rate Schedule?

The federal tax rate schedule is a chart that helps a tax payer determine his or her federal income tax for the year. The federal tax rate schedule has changed for 2009 taxable income. Below are the tax brackets for the new federal tax rate schedule. These are based on filing status. Dollar amount ranges shown in parentheses are the ranges of taxable income applied to the percentage listed. Note that these tax rates apply only to that income within the bracket range and only to taxable income. Deductions and adjustments can reduce taxable income.

Single Filing Status

  • 10% for ($0 to $8,350)
  • 15% for ($8,350 to $33,950); plus $835
  • 25% for ($33,950 to $82,250); plus $4,675
  • 28% for ($82,250 to $171,550); plus $16,750
  • 33% for ($171,550 to $372,950); plus $41,754
  • 35% for all income over $372,950; plus $108,216

Married Filing Jointly

  • 10% for ($0 to $16,700)
  • 15% for ($16,700 to $67,900); plus $1,670
  • 25% for ($67,900 to $137,050); plus $9,350
  • 28% for ($137,050 to $208,850); plus $26,637.50
  • 33% for ($208,850 to $372,950); plus $46,741.50
  • 35% for all income over $372,950; plus $100,894.50 

Married Filing Seperately

  • 10% for ($0 to $8,350)
  • 15% for ($8,350 to $33,950); plus $835
  • 25% for ($33,950 to $68,525); plus $4,675
  • 28% for ($68,525 to $104,425); plus $13,318.75
  • 33% for ($104,425 to $186,475); plus $23,370.75
  • 35% for income over $372,950plus $50,447.25

Head of Household Filing Status 

  • 10% for ($0 to $11,950)
  • 15% for ($11,950 to $45,500); plus $1,195
  • 25% for ($45,500 to $117,450); plus $6,227.50
  • 28% for ($117,450 to $190,200); plus $24,215
  • 33% for ($190,200 to $372,950); plus $44,585
  • 35% for all income over $372,950; plus $104,892.50

 

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