What is federal tax in NY state?
The federal 1040 income tax return rates are the same when you file the 1040 income tax return from any state.
For individual US taxpayers at this time 35% is the maximum percentage rate for amounts over 373,650 in the tax year 2010.
MFS the amount is 186,825.
The amounts below the above numbers go from 10% through 33% to reach the maximum 35% rate.
The tax rate schedule for the marginal tax rate on taxable income starts at -0- %, 10 %, 15 %. 25 %, 28 %, 33 % and goes to the 35% maximum rate for the year 2010.
Your filing status will be needed for you to determine your marginal tax rates on your taxable income for the year.
Go to the IRS gov web site and use the search box for 2010 1040ES go to page 8 to find the rate for your filing status on your 1040 income tax return for your taxable income.