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The Internal Revenue Service publishes tax tables that specify the amount of taxes due based upon the amount of income and the filing status of the taxpayer. There are five different tax filing categories and each one has different tax brackets with graduated income tax rates that rise as income increases.

A taxpayer's filing status and applicable tax brackets will depend on marital status and family situation. The five categories allowed by the IRS under which taxes can be filed are married filing jointly, single, head of household, married taxpayer filing separately, and qualifying widow or widower with one or more dependent children.

The amount of taxes due will depend upon filing status but the highest tax rate for all five categories of taxpayers is 39.6% for 2013.

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Q: What are the different tax brackets?
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Related questions

How many different tax brackets are in the us?

6


How often do federal tax brackets change?

Tax brackets are the specific tax rates people pay according to their incomes. These tax brackets can change every year. One may also change tax brackets if they have an income increase or decrease.


What are the different income tax brackets?

Tax brackets are the rates that people pay on their taxable income. The actual rates vary and can range anywhere from 10% to 35%. The tax rates vary based on factors such as marriage status.


What is the purpose of the income tax brackets?

Income tax brackets enable the progressive taxation of income.


Who started the tax brackets?

The Sweedish National tax government did so


How many tax brackets are in the US?

6


What are the different types of brackets?

The different types of brackets are: * round brackets, open brackets or parentheses: ( ) * square brackets, closed brackets or box brackets: [ ] * curly brackets, squiggly brackets, swirly brackets, braces, or chicken lips: { } * angle brackets, diamond brackets, cone brackets or chevrons: < > or &#10216; &#10217;


Which country uses tax brackets as part of its tax system?

South africa


When as far as tax brackets go is it counterproductive for a spouse to work?

Never. Tax brackets are on the next dollar...so you never make less by making more!


What tax bracket will you be in with a 35000 income with no dependents?

The 10% and the 15% marginal tax brackets.


What was the main intent of the tax reform act of 1986?

simplify the tax code by reducing the number of tax brackets


What are the low and high tax brackets for salaries?

The low tax bracket for 2008 federal tax brackets is 10 percent for taxable income between $0 and $8,025. The high tax bracket for 2008 is 35 percent for taxable income between $357,700 and above.For 2009 federal tax brackets, the low tax bracket is 10 percent for taxable income between $0 and $8,350. The high tax bracket is 35 percent for taxable income between $372,950 and up.For more information, go to www.irs.gov/newsroom for Article IR-2007-172 (2008 Inflation Adjustments Widen Tax Brackets) and IR-2008-117 (2009 Inflation Adjustments Widen Tax Brackets and Expand Tax Benefits).