2007 TAX TABLES ( NOT FOR 2006 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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$ 15650.
|
10% OF TAXABLE INCOME |
$ -0-
|
|
$ 15650.
|
$ 63700.
|
$ 1565. PLUS 15% |
$ 15650.
|
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$ 63700.
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$ 128500.
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$ 8772.50 PLUS 25% |
$ 63700.
|
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$ 128500.
|
$ 195850.
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$ 24972.50 PLUS 28% |
$ 128500.
|
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$ 195850.
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$ 349700.
|
$ 43830.50 PLUS 33% |
$ 195850.
|
|
$ 349700.
|
....................
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$ 94601. PLUS 35% |
$ 349700.
|
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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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$ 10700.
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$ 234600.
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$ 357100.
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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-
|
$ 11200.
|
10% OF TAXABLE INCOME |
$ -0-
|
|
$ 11200.
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$ 42650.
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$ 1120. PLUS 15% |
$ 11200.
|
|
$ 42650.
|
$ 110100.
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$ 5837.50 PLUS 25% |
$ 42650.
|
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$ 110100.
|
$ 178350.
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$ 22700 PLUS 28% |
$ 110100.
|
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$ 178350.
|
$ 349700.
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$ 41810 PLUS 33% |
$ 178350.
|
|
$ 349700.
|
....................
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$ 98355.50 PLUS 35% |
$ 349700.
|
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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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$ 7850.
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$ 195500.
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$ 318000.
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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-
|
$ 7825.
|
10% OF TAXABLE INCOME |
$ -0-
|
|
$ 7825.
|
$ 31850.
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$ 782.50 PLUS 15% |
$ 7825.
|
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$ 31850.
|
$ 77100.
|
$ 4386.25 PLUS 25% |
$ 31850.
|
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$ 77100.
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$ 160850.
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$ 15698.75 PLUS 28% |
$ 77100.
|
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$ 160850.
|
$ 349700.
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$ 39148.75 PLUS 33% |
$ 160850.
|
|
$ 349700.
|
....................
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$ 101469.25 PLUS 35% |
$ 349700.
|
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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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$ 5350.
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$ 156400.
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$ 278900.
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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-
|
$ 7825.
|
10% OF TAXABLE INCOME |
$ -0-
|
|
$ 7825.
|
$ 31850.
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$ 782.50 PLUS 15% |
$ 7825.
|
|
$ 31850.
|
$ 64250.
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$ 4386.25 PLUS 25% |
$ 31850.
|
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$ 64250.
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$ 97925.
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$ 12486.25 PLUS 28% |
$ 64250.
|
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$ 97925.
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$ 174850.
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$ 21915.25 PLUS 33% |
$ 97925.
|
|
$ 174850.
|
....................
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$ 47300.50 PLUS 35% |
$ 174850.
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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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$ 5350.
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$ 117300.
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$ 178550.
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