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|
Rates -2005
2005 rates and brackets
We know readers want to start their planning for next year. So, here are the rates and brackets for 2005.
| Projected tax rates and brackets for 2005 |
If your taxable income
is over |
But not over |
Your tax is this |
Plus this % |
Of the excess over |
| Singles |
|
|
|
|
| $0.00 |
$7,300 |
$0.00 |
10% |
$0 |
| $7,300 |
$29,700 |
$730.00 |
15% |
$7,300 |
| $29,700 |
$71,950 |
$3,990.00 |
25% |
$29,700 |
| $71,950 |
$150,150 |
$14,715.00 |
28% |
$71,950 |
| $150,150 |
$326,450 |
$36,611.00 |
33% |
$150,150 |
| $326,450 |
-- |
$94,790.00 |
35% |
$326,450 |
|
|
|
|
|
Married filing jointly
or widow(er)* |
|
|
|
|
| 0 |
$14,600 |
$0.00 |
10% |
$0 |
| $14,600 |
$59,400 |
$1,460.00 |
15% |
$14,600 |
| $59,400 |
$119,950 |
$8,180.00 |
25% |
$59,400 |
| $119,950 |
$182,800 |
$23,317.50 |
28% |
$119,950 |
| $182,800 |
$326,450 |
$40,915.50 |
33% |
$182,800 |
| $326,450 |
-- |
$88,320.00 |
35% |
$326,450 |
|
|
|
|
|
| Married couples filing singly |
|
|
|
|
| 0 |
$7,300 |
$0.00 |
10% |
$0 |
| $7,300 |
$29,700 |
$730.00 |
15% |
$7,300 |
| $29,700 |
$59,975 |
$4,090.00 |
25% |
$29,700 |
| $59,975 |
$91,400 |
$11,658.75 |
28% |
$59,975 |
| $91,400 |
$163,225 |
$20,457.75 |
33% |
$91,400 |
| $163,225 |
-- |
$44,160 |
35% |
$163,225 |
|
|
|
|
|
| Heads of household |
|
|
|
|
| 0 |
$10,450 |
$0.00 |
10% |
$0 |
| $10,450 |
$39,800 |
$1,045.00 |
15% |
$10,450 |
| $39,800 |
$102,800 |
$5,447.50 |
25% |
$39,800 |
| $102,800 |
$166,450 |
$21,197.50 |
28% |
$102,800 |
| $166,450 |
$326,450 |
$39,019.50 |
33% |
$166,450 |
| $326,450 |
-- |
$91,819.50 |
35% |
$326,450 | |
|
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