Below are the marginal tax rates for 2009. Tax
rates progressively increase as income increases. The
tax rates apply only to the income in each tax bracket
range. Also, the tax rates apply only to taxable income.
Various adjustments and deductions, including the
standard deduction and personal exemptions, all lower
your taxable income. Taxable income is almost always
less than your total income.
Capital gains are may taxed at different tax
rates. Capital gains tax rates are calculated
separately.
Note: These tax rate schedules are provided for
tax planning purposes. To compute your actual income
tax, please see the 2009 instructions for Form 1040,
1040A, or 1040EZ as appropriate.
Single Filing
Status
(Tax Rate Schedule X)
10% on income between $0 and $8,350
15% on the income between $8,350 and
$33,950; plus $835
25% on the income between $33,950 and
$82,250; plus $4,675
28% on the income between $82,250 and
$171,550; plus $16,750
33% on the income between $171,550 and
$372,950; plus $41,754
35% on the income over $372,950;
plus $108,216
Married Filing
Jointly or Qualifying Widow(er) Filing
Status
(Tax Rate Schedule Y-1)
10% on the income between $0 and $16,700
15% on the income between $16,700 and
$67,900; plus $1,670
25% on the income between $67,900 and
$137,050; plus $9,350
28% on the income between $137,050 and
$208,850; plus $26,637.50
33% on the income between $208,850 and
$372,950; plus $46,741.50
35% on the income over $372,950;
plus $100,894.50
Married Filing Separately
Filing Status
(Tax Rate Schedule Y-2)
10% on the income between $0 and $8,350
15% on the income between $8,350 and
$33,950; plus $835
25% on the income between $33,950 and
$68,525; plus $4,675
28% on the income between $68,525 and
$104,425; plus $13,318.75
33% on the income between $104,425 and
$186,475; plus $23,370.75
35% on the income over $186,475;
plus $50,447.25
Head of Household Filing
Status
(Tax Rate Schedule Z)
10% on the income between $0 and
$11,950
15% on the income between $11,950 and
$45,500; plus $1,195
25% on the income between $45,500 and
$117,450; plus $6,227.50
28% on the income between $117,450 and
$190,200; plus $24,215
33% on the income between $190,200 and
$372,950; plus $44,585
35% on the income over $372,950;
plus $104,892.50
How Marginal Tax Rates are Used
Individuals can use the
tax rate schedules in a number of ways to help plan
their finances. You can use these tax rates to figure
out how much tax you will pay on extra income you earn.
For a taxpayer in the 25% tax bracket, extra income will
be taxed at that rate until the taxpayer reaches the
next tax bracket. Alternatively, you can use these tax
rates to figure out how much tax you will save by
increasing your deductions. For a taxpayer in the 28%
tax bracket will save 28 cents in federal tax for every
dollar spent on a tax-deductible expense, such as
mortgage interest or charity.
