|
|
| 2007 Tax Rate Schedule* |
If Taxable Income is Over - |
But Not Over - |
The Tax is |
Married Individuals filing Joint Return or Qualifying Widow(er) |
$0 |
$16,650 |
10% of the amount over $0 |
$15,650 |
$63,700 |
$1,565 plus 15% of the amount over $15,650 |
$63,700 |
$128,500 |
$8,772.50.00 plus 25% of the amount over $63,700 |
$128,500 |
$195,850 |
$24,972.50 plus 28% of the amount over $128,500 |
$195,850 |
$349,700 |
$43,830.50 plus 33% of the amount over $195,850 |
$349,700 |
no limit |
$94,601 plus 35% of the amount over $349,700 |
Married individuals filing Separate Returns |
$0 |
$7,825 |
10% of the amount over $0 |
$7,825 |
$31,850 |
$782.50 plus 15% of the amount over $7,825 |
$31,850 |
$64,250 |
$4,386.25 plus 25% of the amount over $31,850 |
$64,250 |
$97,925 |
$12,486.25 plus 28% of the amount over $64,250 |
$97,925 |
$174,850 |
$21,915.25 plus 33% of the amount over $97,925 |
$174,850 |
no limit |
$47,300.50 plus 35% of the amount over $174,850 |
Head of Household |
$0 |
$11,200 |
10% of the amount over $0 |
$11,200 |
$31,850 |
$1,045.00 plus 15% of the amount over $11,200 |
$31,850 |
$110,100 |
$5,447.50 plus 25% of the amount over $31,850 |
$110,100 |
$178,350 |
$21,197.50 plus 28% of the amount over $110,100 |
$178,350 |
$349,700 |
$39,019.50 plus 33% of the amount over $178,350 |
$349,700 |
no limit |
$91,819.50 plus 35% of the amount over $349,700 |
Single |
$0 |
$7,825 |
10% of the amount over $0 |
$7,825 |
$29,700 |
$782.50 plus 15% of the amount over $7,825 |
$29,700 |
$77,100 |
$4,386.25 plus 25% of the amount over $29,700 |
$77,100 |
$160,850 |
$15,698.75 plus 28% of the amount over $77,100 |
$160,850 |
$349,700 |
$39,148.75 plus 33% of the amount over $160,850 |
$349,700 |
no limit |
$101,469.25 plus 35% of the amount over $349,700 |
*Note: The Internal Revenue Service has not issued the tables for 2006 at this time |
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