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Federal Income Tax Rates |
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The following Federal Income Tax Rates come from the IRS revised
2004 rate schedules, which are based on the Jobs and Growth Tax Relief Reconciliation Act of 2003. The act was signed into law in May of 2003. Please refer to the "new tax legislation" navigation link on this site for more details on the act. |
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2004 Federal Income Tax
Rate Schedule - Single Individuals
|
If your income
is over |
|
But Not Over |
|
Pay |
+ |
% of Excess |
|
of the amount over |
|
|
|
|
|
|
|
|
|
| $
0 |
|
$
7,150 |
|
$
0 |
|
10 |
|
$
0 |
| 7,150 |
|
29,050 |
|
715 |
|
15 |
|
7,150 |
| 29,050 |
|
70,350 |
|
4,000 |
|
25 |
|
29,050 |
| 70,350 |
|
146,750 |
|
14,325 |
|
28 |
|
70,350 |
| 146,750 |
|
319,100 |
|
35,717 |
|
33 |
|
146,750 |
| 319,100 |
|
|
|
92,592 |
|
35 |
|
319,100 |
2004 Federal Income Tax Rate Schedule -
Married Filing Jointly
|
If your income
is over |
|
But Not Over |
|
Pay |
+ |
% of Excess |
|
of the amount over |
|
|
|
|
|
|
|
|
|
| $ 0 |
|
$
14,300 |
|
$ 0 |
|
10 |
|
$ 0 |
| 14,300 |
|
58,100 |
|
1,430 |
|
15 |
|
14,300 |
| 58,100 |
|
117,250 |
|
8,000 |
|
25 |
|
58,100 |
| 117,250 |
|
178,650 |
|
22,787 |
|
28 |
|
117,250 |
| 178,650 |
|
319,100 |
|
39,979 |
|
33 |
|
178,650 |
| 319,100 |
|
|
|
86,328 |
|
35 |
|
319,100 |
2004 Federal Income Tax Rate Schedule -
Married Filing Separately
|
If your income
is over |
|
But Not Over |
|
Pay |
+ |
% of Excess |
|
of the amount over |
|
|
|
|
|
|
|
|
|
| $
0 |
|
$
7,150 |
|
$
0 |
|
10 |
|
$
0 |
| 7,150 |
|
29,050 |
|
715 |
|
15 |
|
7,150 |
| 29,050 |
|
58,625 |
|
4,000 |
|
25 |
|
29,050 |
| 58,625 |
|
89,325 |
|
11,393 |
|
28 |
|
58,625 |
| 89,325 |
|
159,550 |
|
19,989 |
|
33 |
|
89,325 |
| 159,550 |
|
|
|
43,164 |
|
35 |
|
159,550 |
2004 Federal Income Tax Rate Schedule -
Heads of Households
|
If your income
is over |
|
But Not Over |
|
Pay |
+ |
% of Excess |
|
of the amount over |
|
|
|
|
|
|
|
|
|
| $ 0 |
|
$
10,200 |
|
$ 0 |
|
10 |
|
$ 0 |
| 10,200 |
|
38,900 |
|
1,020 |
|
15 |
|
10,200 |
| 38,900 |
|
100,500 |
|
5,325 |
|
25 |
|
38,900 |
| 100,500 |
|
162,700 |
|
20,725 |
|
28 |
|
100,500 |
| 162,700 |
|
319,100 |
|
38,141 |
|
33 |
|
159,100 |
| 319,100 |
|
|
|
89,753 |
|
35 |
|
319,100 |
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Material discussed is meant for
general illustration and/or informational purposes only and it is
not to be construed as tax, legal, or investment advice.
Although the information has been gathered from sources believed
to be reliable, please note that individual situations can vary
therefore, the information should be relied upon when coordinated
with individual professional advice.
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