2005 TAX TABLES ( NOT FOR 2004 RETURNS )
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MARRIED FILING JOINT & SURVIVING SPOUSE
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| IF TAXABLE INCOME IS OVER... | BUT NOT OVER...... | THE TAX IS.... | OF THE AMOUNT OVER....... |
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$ -0-
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$ 14600.
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10% OF TAXABLE INCOME |
$ -0-
|
|
$ 14600.
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$ 59400.
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$ 1460. PLUS 15% |
$ 14600.
|
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$ 59400.
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$ 119950.
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$ 8180. PLUS 25% |
$ 59400.
|
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$ 119950.
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$ 182800.
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$ 23317.50 PLUS 28% |
$ 119950.
|
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$ 182800.
|
$ 326450.
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$ 40915.50 PLUS 33% |
$ 182800.
|
|
$ 326450.
|
....................
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$ 88320. PLUS 35% |
$ 326450.
|
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PERSONAL EXEMPTIONS
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| STANDARD DEDUCTION | BEGIN AGI PHASE-OUT AT: | FULL PHASE-OUT AT: |
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$ 10000.
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$ 218950.
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$ 341450.
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HEADS OF HOUSEHOLDS
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| IF TAXABLE INCOME IS OVER... | BUT NOT OVER...... | THE TAX IS.... | OF THE AMOUNT OVER....... |
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$ -0-
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$ 10450.
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10% OF TAXABLE INCOME |
$ -0-
|
|
$ 10450.
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$ 39800.
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$ 1045. PLUS 15% |
$ 10450.
|
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$ 39800.
|
$ 102800.
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$ 5447.50 PLUS 25% |
$ 39800.
|
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$ 102800.
|
$ 166450.
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$ 21197.50 PLUS 28% |
$ 102800.
|
|
$ 166450.
|
$ 326450.
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$ 39019.50 PLUS 33% |
$ 166450.
|
|
$ 326450.
|
....................
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$ 91819.50 PLUS 35% |
$ 326450.
|
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PERSONAL EXEMPTIONS
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| STANDARD DEDUCTION | BEGIN AGI PHASE-OUT AT: | FULL PHASE-OUT AT: |
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$ 7300.
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$ 182450.
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$ 304950.
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UNMARRIED INDIVIDUALS
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| IF TAXABLE INCOME IS OVER... | BUT NOT OVER...... | THE TAX IS.... | OF THE AMOUNT OVER....... |
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$ -0-
|
$ 7300.
|
10% OF TAXABLE INCOME |
$ -0-
|
|
$ 7300.
|
$ 29700.
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$ 730. PLUS 15% |
$ 7300.
|
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$ 29700.
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$ 71950.
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$ 4090. PLUS 25% |
$ 29700.
|
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$ 71950.
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$ 150150.
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$ 14652.50 PLUS 28% |
$ 71950.
|
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$ 150150.
|
$ 326450.
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$ 36548.50 PLUS 33% |
$ 150150.
|
|
$ 326450.
|
....................
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$ 94727. PLUS 35% |
$ 326450.
|
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PERSONAL EXEMPTIONS
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| STANDARD DEDUCTION | BEGIN AGI PHASE-OUT AT: | FULL PHASE-OUT AT: |
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$ 5000.
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$ 145950.
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$ 268450.
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MARRIED INDIVIDUALS FILING SEPARATE RETURNS
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| IF TAXABLE INCOME IS OVER... | BUT NOT OVER...... | THE TAX IS.... | OF THE AMOUNT OVER....... |
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$ -0-
|
$ 7300.
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10% OF TAXABLE INCOME |
$ -0-
|
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$ 7300.
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$ 29700.
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$ 730. PLUS 15% |
$ 7300.
|
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$ 29700.
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$ 59975.
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$ 4090. PLUS 25% |
$ 29700.
|
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$ 59975.
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$ 91400.
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$ 11658.75 PLUS 28% |
$ 59975.
|
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$ 91400.
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$ 163225.
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$ 20457.75 PLUS 33% |
$ 91400.
|
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$ 163225.
|
....................
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$ 44160. PLUS 35% |
$ 163225.
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PERSONAL EXEMPTIONS
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| STANDARD DEDUCTION | BEGIN AGI PHASE-OUT AT: | FULL PHASE-OUT AT: |
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$ 5000.
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$ 109475.
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$ 170725.
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