2016-tax-brackets - taxpolicycenter.org

1 15-Oct-152016 Individual Income Tax Rates, Standard Deductions,Personal Exemptions, and Filing ThresholdsBut notBut not Over --- over --- Over --- over ---$0$9,27510%$0$18,55010%$9,275$37,6501 5%$18,550$75,30015%$37,650$91,15025%$75, 300$151,90025%$91,150$190,15028%$151,900 $231,45028%$190,150$413,35033%$231,450$4 13,35033%$413,350$415,05035%$413,350$466 ,95035%$415,050and $466,950and notBut not Over --- over --- Over --- over ---$0$13,25010%$0$9,27510%$13,250$50,400 15%$9,275$37,65015%$50,400$130,15025%$37 ,650$91,15025%$130,150$210,80028%$91,150 $190,15028%$210,800$413,35033%$190,150$4 13,35033%$413,350$441,00035%$413,350$441 ,00035%$441,000and $441,000and DeductionStandard Deduction for DependentsStandardBlind/ElderlySingle$6, 300 $1,550 Married filing jointly$12,600 $1,250 Personal Exemption$4,050 Head of Household$9,300 $1,550 Married filing separately$6,300 $1,250 $3,000 Filing ThresholdNumber of Blind / Elderly Exemptions01234 Single10,35011,90013,450 Head of Household13,35014,90016,450 Married filing jointly20,70021,95023,20024,45025,700 Source: Tax Foundation, downloaded October 15, 2015 from.

2 Of $1000 or sum of $350 and individual's earned incomeThreshold for Refundable Child Tax CreditIf your filing status is Head of HouseholdIf your filing status is Married filing separatelyTaxable IncomeTaxable IncomeMarginal RateMarginal RateIf your filing status is SingleIf your filing status is Married filing jointlyTaxable IncomeTaxable IncomeMarginal RateMarginal Rate18-Sep-142015 Individual Income Tax Rates, Standard Deductions,Personal Exemptions, and Filing ThresholdsBut notBut not Over --- over --- Over --- over ---$0$9,22510%$0$18,45010%$9,225$37,4501 5%$18,450$74,90015%$37,450$90,75025%$74, 900$151,20025%$90,750$189,30028%$151,200 $230,45028%$189,300$411,50033%$230,450$4 11,50033%$411,500$413,20035%$411,500$464 ,85035%$413,200and $464,850and notBut not Over --- over --- Over --- over ---$0$13,15010%$0$9,22510%$13,150$50,200 15%$9,225$37,45015%$50,200$129,60025%$37 ,450$75,60025%$129,600$209,85028%$75,600 $115,22528%$209,850$411,50033%$115,225$2 05,75033%$411,500$439,00035%$205,750$232 ,42535%$439,000and $232,425and DeductionStandard Deduction for DependentsStandardBlind/ElderlySingle$6, 300 $1,550 Married filing jointly$12,600 $1,250 Personal Exemption$4,000 Head of Household$9,250 $1,550 Married filing separately$6,300 $1,250 $3,000 Filing ThresholdNumber of Blind / Elderly Exemptions01234 Single10,30011,85013,400 Head of Household13,25014,80016.

3 350 Married filing jointly20,60021,85023,10024,35025,600 Source: Bloomberg BNA 2015 Projected Tax Rates, downloaded September 18, 2014 your filing status is SingleIf your filing status is Married filing jointlyTaxable IncomeTaxable IncomeMarginal RateMarginal RateGreater of $1000 or sum of $350 and individual's earned incomeThreshold for Refundable Child Tax CreditIf your filing status is Head of HouseholdIf your filing status is Married filing separatelyTaxable IncomeTaxable IncomeMarginal RateMarginal Rate7-Feb-142014 Individual Income Tax Rates, Standard Deductions,Personal Exemptions, and Filing ThresholdsBut notBut not Over --- over --- Over --- over ---$0$9,07510%$0$18,15010%$9,075$36,9001 5%$18,150$73,80015%$36,900$89,35025%$73, 800$148.

4 85025%$89,350$186,35028%$148,850$226,850 28%$186,350$405,10033%$226,850$405,10033 %$405,100$406,75035%$405,100$457,60035%$ 406,750and $457,600and notBut not Over --- over --- Over --- over ---$0$12,95010%$0$9,07510%$12,950$49,400 15%$9,075$36,90015%$49,400$127,55025%$36 ,900$74,42525%$127,550$206,60028%$74,425 $113,42528%$206,600$405,10033%$113,425$2 02,55033%$405,100$432,20035%$202,550$228 ,80035%$432,200and $228,800and DeductionStandard Deduction for DependentsStandardBlind/ElderlySingle$6, 200 $1,550 Married filing jointly$12,400 $1,200 Personal Exemption$3,950 Head of Household$9,100 $1,550 Married filing separately$6,200 $1,200 $3,000 Filing ThresholdNumber of Blind / Elderly Exemptions01234 Single10,15011,70013,250 Head of Household13,05014,60016,150 Married filing jointly20,30021,50022,70023,90025,100 Source.

5 Internal Revenue Service, Revenue Procedure 2013-35, downloaded February 7, 2014 from of $1000 or sum of $350 and individual's earned incomeThreshold for Refundable Child Tax CreditIf your filing status is Head of HouseholdIf your filing status is Married filing separatelyTaxable IncomeTaxable IncomeMarginal RateMarginal RateIf your filing status is SingleIf your filing status is Married filing jointlyTaxable IncomeTaxable IncomeMarginal RateMarginal Rate30-Jan-132013 Individual Income Tax Rates, Standard Deductions,Personal Exemptions, and Filing ThresholdsBut notBut not Over --- over --- Over --- over ---$0$8,92510%$0$17,85010%$8,925$36,2501 5%$17,850$72,50015%$36,250$87,85025%$72, 500$146,40025%$87,850$183,25028%$146,400 $223,05028%$183,250$398,35033%$223,050$3 98,35033%$398,350$400,00035%$398,350$450 ,00035%$400,000and $450,000and notBut not Over --- over --- Over --- over ---$0$12,75010%$0$8,92510%$12,750$48,600 15%$8,925$36,25015%$48,600$125,45025%$36 ,250$73,20025%$125,450$203,15028%$73,200 $111,52528%$203,150$398,35033%$111,525$1 99,17533%$398,350$425,00035%$199,175$225 ,00035%$425,000and $225,000and DeductionStandard Deduction for DependentsStandardBlind/ElderlySingle$6, 100 $1,500 Married filing jointly$12,200 $1,200 Personal Exemption$3,900 Head of Household$8,950 $1,500 Married filing separately$6,100 $1,200 $3.

6 000 Filing ThresholdNumber of Blind / Elderly Exemptions01234 Single10,00011,50013,000 Head of Household12,85014,35015,850 Married filing jointly20,00021,20022,40023,60024,800 Source: Internal Revenue Service, Revenue Procedure 2013-15, downloaded January 30, 2013 from your filing status is SingleIf your filing status is Married filing jointlyTaxable IncomeTaxable IncomeMarginal RateMarginal RateGreater of $1000 or sum of $350 and individual's earned incomeThreshold for Refundable Child Tax CreditIf your filing status is Head of HouseholdIf your filing status is Married filing separatelyTaxable IncomeTaxable IncomeMarginal RateMarginal Rate10-Jan-122012 Individual Income Tax Rates, Standard Deductions,Personal Exemptions, and Filing ThresholdsBut notBut not Over --- over --- Over --- over ---$0$8,70010%$0$17,40010%$8,700$35,3501 5%$17,400$70,70015%$35,350$85,65025%$70.

7 700$142,70025%$85,650$178,65028%$142,700 $217,45028%$178,650$388,35033%$217,450$3 88,35033%$388,350and over35%$388,350and over35%But notBut not Over --- over --- Over --- over ---$0$12,40010%$0$8,70010%$12,400$47,350 15%$8,700$35,35015%$47,350$122,30025%$35 ,350$71,35025%$122,300$198,05028%$71,350 $108,72528%$198,050$388,35033%$108,725$1 94,17533%$388,350and over35%$194,175and over35%Standard DeductionStandard Deduction for DependentsStandardBlind/ElderlySingle$5, 950 $1,450 Married filing jointly$11,900 $1,150 Personal Exemption$3,800 Head of Household$8,700 $1,450 Married filing separately$5,950 $1,150 $3,000 Filing ThresholdNumber of Blind / Elderly Exemptions01234 Single9,75011,20012,650 Head of Household12,50013,95015,400 Married filing jointly19,50020,65021,80022,95024,100 Source.

8 Internal Revenue Service, Revenue Procedure 2011-52, downloaded January 10, 2012 from your filing status is SingleIf your filing status is Married filing jointlyTaxable IncomeTaxable IncomeMarginal RateMarginal RateGreater of $950 or sum of $300 and individual's earned incomeThreshold for Refundable Child Tax CreditIf your filing status is Head of HouseholdIf your filing status is Married filing separatelyTaxable IncomeTaxable IncomeMarginal RateMarginal Rate20-Jan-112011 Individual Income Tax Rates, Standard Deductions,Personal Exemptions, and Filing ThresholdsBut notBut not Over --- over --- Over --- over ---$0$8,50010%$0$17,00010%$8,500$34,5001 5%$17,000$69,00015%$34,500$83,60025%$69, 000$139,35025%$83,600$174,40028%$139,350 $212,30028%$174,400$379,15033%$212,300$3 79,15033%$379,150and over35%$379,150and over35%But notBut not Over --- over --- Over --- over ---$0$12,15010%$0$8,50010%$12,150$46,250 15%$8,500$34,50015%$46,250$119,40025%$34 ,500$69,67525%$119,400$193,35028%$69,675 $106,15028%$193,350$379,15033%$106,150$1 89,57533%$379,150and over35%$189,575and over35%Standard DeductionStandard Deduction for DependentsStandardBlind/ElderlySingle$5, 800 $1,450 Married filing jointly$11,600 $1,150 Personal Exemption$3,700 Head of Household$8,500 $1,450 Married filing separately$5,800 $1,150 $3,000 Filing ThresholdNumber of Blind / Elderly Exemptions01234 Single9,50010,95012.

9 400 Head of Household12,20013,65015,100 Married filing jointly19,00020,15021,30022,45023,600 Source: Internal Revenue Service, Revenue Procedure 2011-12, downloaded January 14, 2011 from of $950 or sum of $300 and individual's earned incomeThreshold for Refundable Child Tax CreditIf your filing status is Head of HouseholdIf your filing status is Married filing separatelyTaxable IncomeTaxable IncomeMarginal RateMarginal RateIf your filing status is SingleIf your filing status is Married filing jointlyTaxable IncomeTaxable IncomeMarginal RateMarginal Rate26-Oct-092010 Individual Income Tax Rates, Standard Deductions,Personal Exemptions, and Filing ThresholdsBut notBut not Over --- over --- Over --- over ---$0$8,37510%$0$16,75010%$8,375$34,0001 5%$16,750$68,00015%$34,000$82,40025%$68, 000$137.

10 30025%$82,400$171,85028%$137,300$209,250 28%$171,850$373,65033%$209,250$373,65033 %$373,650and over35%$373,650and over35%But notBut not Over --- over --- Over --- over ---$0$11,95010%$0$8,37510%$11,950$45,550 15%$8,375$34,00015%$45,550$117,65025%$34 ,000$68,65025%$117,650$190,55028%$68,650 $104,62528%$190,550$373,65033%$104,625$1 86,82533%$373,650and over35%$186,825and over35%Standard DeductionStandard Deduction for DependentsStandardBlind/ElderlySingle$5, 700 $1,400 Married filing jointly$11,400 $1,100 Personal Exemption$3,650 Head of Household$8,400 $1,400 Married filing separately$5,700 $1,100 $3,000 Filing ThresholdNumber of Blind / Elderly Exemptions01234 Single9,35010,75012,150 Head of Household12,05013,45014,850 Married filing jointly18,70019,80020,90022,00023,100 Source: Internal Revenue Service, Revenue Procedure 2009-50, downloaded October 21, 2009 from : See for AMT parameters and for child-related tax credit RateMarginal RateIf your filing status is Head of HouseholdIf your filing status is Married filing separatelyIf your filing status is SingleIf your filing status is Married filing jointlyTaxable IncomeTaxable IncomeThreshold for Refundable Child Tax CreditGreater of $950 or sum of $300 and individual's earned incom