Tax Rates 2010

Example:  Married taxpayer with $50,000 taxable income.  Tax would be $1,675 + $4,988 ($50,000-16,750 = $33,250 X 15%)  = $6,663

2010 INDIVIDUAL TAX RATES

 

 

 

 

 

MARRIED FILING JOINTLY

Taxable Income

Pay+

%

$0

-

$16,750

$0

10.00%

$16,750

-

$68,000

$1,675

15.00%

$68,000

-

$137,300

$9,363

25.00%

$137,300

-

$209,250

$26,688

28.00%

$209,250

-

$373,650

$46,834

33.00%

$373,650

-

and over

$101,086

35.00%

SINGLE

Taxable Income

Pay+

%

$0

-

$8,375

$0

10.00%

$8,375

-

$3,400

$838

15.00%

$3,400

-

$82,400

$91

25.00%

$82,400

-

$171,850

$19,841

28.00%

$171,850

-

$373,650

$44,887

33.00%

$373,650

-

and over

$111,481

35.00%

HEAD OF HOUSEHOLD

Taxable Income

Pay+

%

$0

-

$11,950

$0

10.00%

$11,950

-

$45,500

$1,195

15.00%

$45,500

-

$117,650

$6,228

25.00%

$117,650

-

$190,550

$24,265

28.00%

$190,550

-

$373,650

$44,677

33.00%

$373,650

-

and over

$105,100

35.00%

MARRIED FILING SEPARATELY

Taxable Income

Pay+

%

$0

-

$8,375

$0

10.00%

$8,375

-

$34,000

$838

15.00%

$34,000

-

$68,650

$4,681

25.00%

$68,650

-

$104,625

$13,344

28.00%

$104,625

-

$186,825

$23,417

33.00%

$186,825

-

and over

$50,543

35.00%