Tax Rates:
The amount of tax that your return is subject to is determined by how much income you have made throughout the year. Refer to the Income Tax Bracket Tables below to see which tax bracket you fall into:
2013 Tax Brackets
|
Tax rate |
Single filers |
Married filing jointly or qualifying widow/widower |
Married filing separately |
Head of household |
| 10% | Up to $8,925 | Up to $17,850 | Up to $8,925 | Up to $12,750 |
| 15% | $8,926 – $36,250 | $17,851 – $72,500 | $8,926- $36,250 | $12,751 – $48,600 |
| 25% | $36,251 – $87,850 | $72,501 – $146,400 | $36,251 – $73,200 | $48,601 – $125,450 |
| 28% | $87,851 – $183,250 | $146,401 – $223,050 | $73,201 – $111,525 | $125,451 – $203,150 |
| 33% | $183,251 – $398,350 | $223,051 – $398,350 | $111,526 – $199,175 | $203,151 – $398,350 |
| 35% | $398,351 – $400,000 | $398,351 – $450,000 | $199,176 – $225,000 | $398,351 – $425,000 |
| 39.6% | $400,001 or more | $450,001 or more | $225,001 or more | $425,001 or more |
2014 Tax Brackets
|
Tax rate |
Single filers |
Married filing jointly or qualifying widow/widower |
Married filing separately |
Head of household |
| 10% | Up to $9,075 | Up to $18,150 | Up to $9,075 | Up to $12,950 |
| 15% | $9,076 – $36,900 | $18,151 – $73,800 | $9,076- $36,900 | $12,951 – $49,400 |
| 25% | $36,901 – $89,350 | $73,801 – $148,850 | $36,901 – $74,425 | $49,401 – $127,550 |
| 28% | $89,351 – $186,350 | $148,851 – $226,850 | $74,426 – $113,425 | $127,551 – $206,600 |
| 33% | $186,351 – $405,100 | $226,851 – $405,100 | $113,426 – $202,550 | $206,601 – $405,100 |
| 35% | $405,101 – $406,750 | $405,101 – $457,600 | $202,551 – $228,800 | $405,101 – $432,200 |
| 39.6% | $406,751 or more | $457,601 or more | $228,801 or more | $432,201 or more |