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2020 TAX

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Tax Rates

2020 Tax Rates

Single

 

IF TAXABLE INCOME IS:THE TAX IS:

$0 to $9,32510% of taxable income

 

$9,325 to $37,950$932.50 + 15% of the amount over $9,325

 

$37,950 to $91,900$5,226.25 + 25% of the amount over $37,950

 

$91,900 to $191,650$18,713.75 + 28% of the amount over $91,900

 

$191,650 to $416,700$46,643.75 + 33% of the amount over $191,650

 

$416,700 to $418,400$120,910.25 + 35% of the amount over $416,700

 

Over $418,400$121,505.25 + 39.6% of the amount over $418,400

Head of Household

IF TAXABLE INCOME IS:THE TAX IS:

 

$0 to $13,35010% of taxable income

 

$13,350 to $50,800$1,335 + 15% of the amount over $13,350

 

$50,800 to $131,200$6,952.50 + 25% of the amount over $50,800

 

$131,200 to $212,500$27,052.50 + 28% of the amount over $131,200

 

$212,500 to $416,700$49,816.50 + 33% of the amount over $212,500

 

$416,700 to $444,550$117,202.50 + 35% of the amount over $416,700

Over $444,550$126,950 + 39.6% of the amount over $444,550

Married Filing Jointly

IF TAXABLE INCOME IS:THE TAX IS:

 

$0 to $18,65010% of taxable income

 

$18,650 to $75,900$1,865 + 15% of the amount over $18,650

 

$75,900 to $153,100$10,452.50 + 25% of the amount over $75,900

 

$153,100 to $233,350$29,752.50 + 28% of the amount over $153,100

 

$233,350 to $416,700$52,222.50 + 33% of the amount over $233,350

 

$416,700 to $470,700$112,728 + 35% of the amount over $416,700

 

Over $470,700$131,628 + 39.6% of the amount over $470,700

Married Filing Separately

IF TAXABLE INCOME IS:THE TAX IS:

 

$0 to $9,32510% of taxable income

 

$9,325 to $37,950$932.50 + 15% of the amount over $9,325

 

$37,950 to $76,550$5,226.25 + 25% of the amount over $37,950

 

$76,550 to $116,675$14,876.25 + 28% of the amount over $76,550

 

$116,675 to $208,350$26,111.25 + 33% of the amount over $116,675

 

$208,350 to $235,350$56,364 + 35% of the amount over $208,350

 

Over $235,350$65,814 + 39.6% of the amount over $235,350

 

Standard Mileage Rate

 

 

2016 Tax Rates

 

Single

 

IF TAXABLE INCOME IS:THE TAX IS:

$0 to $9,27510% of taxable income

$9,275 to $37,650$927.50 + 15% of the amount over $9,275

$37,650 to $91,150$5,183.75 + 25% of the amount over $37,650

$91,150 to $190,150$18,558.75 + 28% of the amount over $91,150

$190,150 to $413,350$46,278.75 + 33% of the amount over $190,150

$413,350 to $415,050$119,934.75 + 35% of the amount over $413,350

Over $415,050$120,529.75 + 39.6% of the amount over $415,050

Head of Household

IF TAXABLE INCOME IS:THE TAX IS:

$0 to $13,25010% of taxable income

$13,250 to $50,400$1,325 + 15% of the amount over $13,250

$50,400 to $130,150$6,897.50 + 25% of the amount over $50,400

$130,150 to $210,800$26,835 + 28% of the amount over $130,150

$210,800 to $413,350$49,417 + 33% of the amount over $210,800

$413,350 to $441,000$116,258.50 + 35% of the amount over $413,350

Over $441,000$125,936 + 39.6% of the amount over $441,000

Married Filing Jointly

IF TAXABLE INCOME IS:THE TAX IS:

$0 to $18,55010% of taxable income

$18,550 to $75,300$1,855 + 15% of the amount over $18,550

$75,300 to $151,900$10,367.50 + 25% of the amount over $75,300

$151,900 to $231,450$29,517.50 + 28% of the amount over $151,900

$231,450 to $413,350$51,791.50 + 33% of the amount over $231,450

$413,350 to $466,950$111,818.50 + 35% of the amount over $413,350

Over $466,950$130,578.50 + 39.6% of the amount over $466,950

Married Filing Separately

 

IF TAXABLE INCOME IS:THE TAX IS:

 

$0 to $9,27510% of taxable income

 

$9,275 to $37,650$927.50 + 15% of the amount over $9,275

 

$37,650 to $75,950$5,183.75 + 25% of the amount over $37,650

 

$75,950 to $115,725$14,758.75 + 28% of the amount over $75,950

 

$115,725 to $206,675$25,895.75 + 33% of the amount over $115,725

 

$206,675 to $233,475$55,909.25 + 35% of the amount over $206,675

 

Over $233,475$65,289.25 + 39.6% of the amount over $233,475

Standard Mileage Rate

Use

Busines

Medical Care of Move

Charitable

Rate

54 cents

19 cents

14 cents

Rate

53.5 cents

17 cents

14 cents

Use

Busines

Medical Care of Move

Charitable

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