Tax Brackets and Federal Income Tax Rates
hindkunj.com
CREDIT GETIMAGE
Total seven federal income tax brackets, what they are, how they work and how they can affect you.
Total seven federal income tax brackets, what they are, how they work and how they can affect you.
CREDIT GETIMAGE
taxable income group-
$0 to $9,950 tax arrears - 10% of taxable income
taxable income group-
$0 to $9,950
tax arrears -
10% of taxable income
CREDIT GETIMAGE
taxable income group-
$9,951 to $40,525 tax arrears - $995 plus 12% of the amount over $9,950
taxable income group-
$9,951 to $40,525
tax arrears -
$995 plus 12% of the amount over $9,950
CREDIT GETIMAGE
taxable income group-
$40,526 to $86,375 tax arrears -$4,664 plus 22% of the amount over $40,525
taxable income group-
$40,526 to $86,375
tax arrears -$4,664 plus 22% of the amount over $40,525
CREDIT GETIMAGE
taxable income group-
$86,376 to $164,925 tax arrears - $14,751 plus 24% of the amount over $86,375
taxable income group-
$86,376 to $164,925
tax arrears - $14,751 plus 24% of the amount over $86,375
CREDIT GETIMAGE
taxable income group-
$164,926 to $209,425 tax arrears -$33,603 plus 32% of the amount over $164,925
taxable income group-
$164,926 to $209,425
tax arrears -$33,603 plus 32% of the amount over $164,925
CREDIT GETIMAGE
taxable income group-
$209,426 to $523,600 tax arrears - $47,843 plus 35% of the amount over $209,425
taxable income group-
$209,426 to $523,600
tax arrears - $47,843 plus 35% of the amount over $209,425
CREDIT GETIMAGE
taxable income group-
$523,601 or more tax arrears - $157,804.25 plus 37% of the amount over $523,600
taxable income group-
$523,601 or more
tax arrears - $157,804.25 plus 37% of the amount over $523,600
CREDIT GETIMAGE
Next steps
Tax Brackets and Federal Income Tax Rates
3
share the story
A
click here for more information
Learn more