4-Nov-07 2008 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $16,050 $65,100 $131,450 $200,300 $357,700 $16,050 $65,100 $131,450 $200,300 $357,700 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $8,025 $32,550 $78,850 $164,550 $357,700 $8,025 $32,550 $78,850 $164,550 $357,700 and over
Marginal Rate 10% 15% 25% 28% 33% 35%
Marginal Rate 10% 15% 25% 28% 33% 35%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $11,450 $43,650 $112,650 $182,400 $357,700 $11,450 $43,650 $112,650 $182,400 $357,700 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $8,025 $32,550 $65,725 $100,150 $178,850 $8,025 $32,550 $65,725 $100,150 $178,850 and over
Marginal Rate 10% 15% 25% 28% 33% 35%
Marginal Rate 10% 15% 25% 28% 33% 35%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $5,450 $1,350 $10,900 $8,000 $5,450 $1,050 $1,350 $1,050
Standard Deduction for Dependants Greater of $900 or sum of $300 and individuals earned income
Personal exemption
$3,500
Filing Threshold 0 8,950 11,500 15,000 18,500 17,900 21,400 24,900 Number of Blind / Elderly Exemptions 1 2 3 10,300 11,650 12,850 16,350 19,850 18,950 22,450 25,950 14,200 17,700 21,200 20,000 23,500 27,000 21,050 24,550 28,050 22,100 25,600 29,100 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Internal Revenue Service, Revenue Procedure 2007-66, downloaded November 1, 2007 from http://www.irs.gov/pub/irs-drop/rp-07-66.pdf
26-Oct-06 2007 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $15,650 $63,700 $128,500 $195,850 $349,700 $15,650 $63,700 $128,500 $195,850 $349,700 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $7,825 $31,850 $77,100 $160,850 $349,700 $7,825 $31,850 $77,100 $160,850 $349,700 and over
Marginal Rate 10% 15% 25% 28% 33% 35%
Marginal Rate 10% 15% 25% 28% 33% 35%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $11,200 $42,650 $110,100 $178,350 $349,700 $11,200 $42,650 $110,100 $178,350 $349,700 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $7,825 $31,850 $64,250 $97,925 $174,850 $7,825 $31,850 $64,250 $97,925 $174,850 and over
Marginal Rate 10% 15% 25% 28% 33% 35%
Marginal Rate 10% 15% 25% 28% 33% 35%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $5,350 $1,300 $10,700 $7,850 $5,350 $1,050 $1,300 $1,050
Standard Deduction for Dependants Greater of $850 or sum of $300 and individuals earned income
Personal exemption
$3,400
Filing Threshold 0 8,750 11,250 14,650 18,050 17,500 20,900 24,300 Number of Blind / Elderly Exemptions 1 2 3 10,050 11,350 12,550 15,950 19,350 18,550 21,950 25,350 13,850 17,250 20,650 19,600 23,000 26,400 20,650 24,050 27,450 21,700 25,100 28,500 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: James Young, "Inflation Adjustments Affecting Individual Taxpayers in 2007," Tax Notes magazine, October 9, 2006.
2006 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $15,100 $61,300 $123,700 $188,450 $336,550 $15,100 $61,300 $123,700 $188,450 $336,550 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $7,550 $30,650 $74,200 $154,800 $336,550 $7,550 $30,650 $74,200 $154,800 $336,550 and over
Marginal Rate 10% 15% 25% 28% 33% 35%
Marginal Rate 10% 15% 25% 28% 33% 35%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $10,750 $41,050 $106,000 $171,650 $336,550 $10,750 $41,050 $106,000 $171,650 $336,550 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $7,550 $30,650 $61,850 $94,225 $168,275 $7,550 $30,650 $61,850 $94,225 $168,275 and over
Marginal Rate 10% 15% 25% 28% 33% 35%
Marginal Rate 10% 15% 25% 28% 33% 35%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $5,150 $1,250 $10,300 $7,550 $5,150 $1,000 $1,250 $1,000
Standard Deduction for Dependants Greater of $850 or sum of $300 and individuals earned income
Personal exemption
$3,300
Filing Threshold 0 8,450 10,850 14,150 17,450 16,900 20,200 23,500 Number of Blind / Elderly Exemptions 1 2 3 9,700 10,950 12,100 15,400 18,700 17,900 21,200 24,500 13,350 16,650 19,950 18,900 22,200 25,500 19,900 23,200 26,500 20,900 24,200 27,500 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Revised Tax Rate Schedules: Internal Revenue Service, downloaded April 26, 2006 from: http://www.irs.gov/formspubs/article/0,,id=150856,00.html and Internal Revenue Bulletin: 2005-47
2005 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $14,600 $59,400 $119,950 $182,800 $326,450 $14,600 $59,400 $119,950 $182,800 $326,450 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $7,300 $29,700 $71,950 $150,150 $326,450 $7,300 $29,700 $71,950 $150,150 $326,450 and over
Marginal Rate 10% 15% 25% 28% 33% 35%
Marginal Rate 10% 15% 25% 28% 33% 35%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $10,450 $39,800 $102,800 $166,450 $326,450 $10,450 $39,800 $102,800 $166,450 $326,450 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $7,300 $29,700 $59,975 $91,400 $163,225 $7,300 $29,700 $59,975 $91,400 $163,225 and over
Marginal Rate 10% 15% 25% 28% 33% 35%
Marginal Rate 10% 15% 25% 28% 33% 35%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $5,000 $1,250 $10,000 $7,300 $5,000 $1,000 $1,250 $1,000
Standard Deduction for Dependants Greater of $800 or sum of $250 and individuals earned income
Personal exemption
$3,200
Filing Threshold 0 8,200 10,500 13,700 16,900 16,400 19,600 22,800 Number of Blind / Elderly Exemptions 1 2 3 9,450 10,700 11,750 14,950 18,150 17,400 20,600 23,800 13,000 16,200 19,400 18,400 21,600 24,800 19,400 22,600 25,800 20,400 23,600 26,800 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Revised Tax Rate Schedules: Internal Revenue Service, downloaded February 2005 from: http://www.irs.gov/formspubs/article/0,,id=133517,00.html
2004 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $14,300 $58,100 $117,250 $178,600 $319,100 $14,300 $58,100 $117,250 $178,600 $319,100 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $7,150 $29,050 $70,350 $146,750 $319,100 $7,150 $29,050 $70,350 $146,750 $319,100 and over
Marginal Rate 10% 15% 25% 28% 33% 35%
Marginal Rate 10% 15% 25% 28% 33% 35%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $10,200 $38,900 $100,500 $162,700 $319,100 $10,200 $38,900 $100,500 $162,700 $319,100 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $7,150 $29,050 $58,625 $89,325 $159,550 $7,150 $29,050 $58,625 $89,325 $159,550 and over
Marginal Rate 10% 15% 25% 28% 33% 35%
Marginal Rate 10% 15% 25% 28% 33% 35%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $4,850 $1,200 $9,700 $7,150 $4,850 $950 $1,200 $950
Standard Deduction for Dependants Greater of $850 or sum of $250 and individuals earned income
Personal exemption
$3,100
Filing Threshold 0 7,950 10,250 13,350 16,450 15,900 19,000 22,100 Number of Blind / Elderly Exemptions 1 2 3 9,150 10,350 11,450 14,550 17,650 16,850 19,950 23,050 12,650 15,750 18,850 17,800 20,900 24,000 18,750 21,850 24,950 19,700 22,800 25,900 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Revised Tax Rate Schedules: Internal Revenue Service, downloaded April 12, 2004 from: http://www.irs.gov/pub/irs-drop/rp-03-85.pdf
2003 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $14,000 $56,800 $114,650 $174,700 $311,950 $14,000 $56,800 $114,650 $174,700 $311,950 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $7,000 $28,400 $68,800 $143,500 $311,950 $7,000 $28,400 $68,800 $143,500 $311,950 and over
Marginal Rate 10% 15% 25% 28% 33% 35%
Marginal Rate 10% 15% 25% 28% 33% 35%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $10,000 $38,050 $98,250 $159,100 $311,950 $10,000 $38,050 $98,250 $159,100 $311,950 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $7,000 $28,400 $57,325 $87,350 $155,975 $7,000 $28,400 $57,325 $87,350 $155,975 and over
Marginal Rate 10% 15% 25% 28% 33% 35%
Marginal Rate 10% 15% 25% 28% 33% 35%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $4,750 $1,150 $9,500 $7,000 $4,750 $950 $1,150 $950
Standard Deduction for Dependants Greater of $750 or sum of $250 and individuals earned income
Personal exemption
$3,050
Filing Threshold 0 7,800 10,050 13,100 16,150 15,600 18,650 21,700 Number of Blind / Elderly Exemptions 1 2 3 8,950 10,100 11,200 14,250 17,300 16,550 19,600 22,650 12,350 15,400 18,450 17,500 20,550 23,600 18,450 21,500 24,550 19,400 22,450 25,500 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: CCH Incorporated downloaded on October 17, 2002 from: http://www.toolkit.cch.com/columns/taxes/02-085brackets.asp Revised Tax Rate Schedules: Internal Revenue Service, downloaded June 30, 2003 from:
http://www.irs.gov/formspubs/article/0,,id=109877,00.html
2002 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $12,000 $46,700 $112,850 $171,950 $307,050 $12,000 $46,700 $112,850 $171,950 $307,050 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $6,000 $27,950 $67,700 $141,250 $307,050 $6,000 $27,950 $67,700 $141,250 $307,050 and over
Marginal Rate 10.0% 15.0% 27.0% 30.0% 35.0% 38.6%
Marginal Rate 10.0% 15.0% 27.0% 30.0% 35.0% 38.6%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $10,000 $37,450 $96,700 $156,600 $307,050 $10,000 $37,450 $96,700 $156,600 $307,050 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $6,000 $23,350 $56,425 $85,975 $153,525 $6,000 $23,350 $56,425 $85,975 $153,525 and over
Marginal Rate 10.0% 15.0% 27.0% 30.0% 35.0% 38.6%
Marginal Rate 10.0% 15.0% 27.0% 30.0% 35.0% 38.6%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $4,700 $1,150 $7,850 $6,900 $3,925 $900 $1,150 $900
Standard Deduction for Dependants Greater of $750 or sum of $250 and individuals earned income
Personal exemption
$3,000
Filing Threshold 0 7,700 9,900 12,900 15,900 13,850 16,850 19,850 Number of Blind / Elderly Exemptions 1 2 3 8,850 10,000 11,050 14,050 17,050 14,750 17,750 20,750 12,200 15,200 18,200 15,650 18,650 21,650 16,550 19,550 22,550 17,450 20,450 23,450 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Instructions for Form 1040: Internal Revenue Service, downloaded October 13, 2006 from http://www.irs.gov/pub/irs-prior/i1040--2002.pdf
2001 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $45,200 $109,250 $166,500 $297,350 $45,200 $109,250 $166,500 $297,350 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $27,050 $65,550 $136,750 $297,350 $27,050 $65,550 $136,750 $297,350 and over
Marginal Rate 15.0% 27.5% 30.5% 35.5% 39.1%
Marginal Rate 15.0% 27.5% 30.5% 35.5% 39.1%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $36,250 $93,650 $151,650 $297,350 $36,250 $93,650 $151,650 $297,350 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $22,600 $54,625 $83,250 $148,675 $22,600 $54,625 $83,250 $148,675 and over
Marginal Rate 15.0% 27.5% 30.5% 35.5% 39.1%
Marginal Rate 15.0% 27.5% 30.5% 35.5% 39.1%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $4,550 $1,100 $7,600 $6,650 $3,800 $900 $1,100 $900
Standard Deduction for Dependants Greater of $750 or sum of $250 and individuals earned income
Personal exemption
$2,900
Filing Threshold 0 7,450 9,550 12,450 15,350 13,400 16,300 19,200 Number of Blind / Elderly Exemptions 1 2 3 8,550 9,650 10,650 13,550 16,450 14,300 17,200 20,100 11,750 14,650 17,550 15,200 18,100 21,000 16,100 19,000 21,900 17,000 19,900 22,800 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Instructions for Form 1040: Internal Revenue Service, downloaded October 13, 2006 from http://www.irs.gov/pub/irs-prior/i1040--2001.pdf
2000 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $43,850 $105,950 $161,450 $288,350 $43,850 $105,950 $161,450 $288,350 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $26,250 $63,550 $132,600 $288,350 $26,250 $63,550 $132,600 $288,350 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $35,150 $90,800 $147,050 $288,350 $35,150 $90,800 $147,050 $288,350 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $21,925 $52,975 $80,725 $144,175 $21,925 $52,975 $80,725 $144,175 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $4,400 $1,100 $7,350 $6,450 $3,675 $850 $1,100 $850
Standard Deduction for Dependants Greater of $700 or sum of $250 and individuals earned income
Personal exemption
$2,800
Filing Threshold 0 7,200 9,250 12,050 14,850 12,950 15,750 18,550 Number of Blind / Elderly Exemptions 1 2 3 8,300 9,400 10,350 13,150 15,950 13,800 16,600 19,400 11,450 14,250 17,050 14,650 17,450 20,250 15,500 18,300 21,100 16,350 19,150 21,950 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Instructions for Form 1040: Internal Revenue Service, downloaded October 13, 2006 from http://www.irs.gov/pub/irs-prior/i1040--2000.pdf
1999 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $43,050 $104,050 $158,550 $283,150 $43,050 $104,050 $158,550 $283,150 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $25,750 $62,450 $130,250 $283,150 $25,750 $62,450 $130,250 $283,150 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $34,550 $89,150 $144,400 $283,150 $34,550 $89,150 $144,400 $283,150 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $21,525 $52,025 $79,275 $141,575 $21,525 $52,025 $79,275 $141,575 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $4,300 $1,050 $7,200 $6,350 $3,600 $850 $1,050 $850
Standard Deduction for Dependants Greater of $700 or sum of $250 and individuals earned income
Personal exemption
$2,750
Filing Threshold 0 7,050 9,100 11,850 14,600 12,700 15,450 18,200 Number of Blind / Elderly Exemptions 1 2 3 8,100 9,150 10,150 12,900 15,650 13,550 16,300 19,050 11,200 13,950 16,700 14,400 17,150 19,900 15,250 18,000 20,750 16,100 18,850 21,600 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Instructions for Form 1040: Internal Revenue Service, downloaded October 13, 2006 from http://www.irs.gov/pub/irs-prior/i1040--1999.pdf
1998 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $42,350 $102,300 $155,950 $278,450 $42,350 $102,300 $155,950 $278,450 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $25,350 $61,400 $128,100 $278,450 $25,350 $61,400 $128,100 $278,450 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $33,950 $87,700 $142,000 $278,450 $33,950 $87,700 $142,000 $278,450 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $21,175 $51,150 $77,975 $139,225 $21,175 $51,150 $77,975 $139,225 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $4,250 $1,050 $7,100 $6,250 $3,550 $850 $1,050 $850
Standard Deduction for Dependants Greater of $700 or sum of $250 and individuals earned income
Personal exemption
$2,700
Filing Threshold 0 6,950 8,950 11,650 14,350 12,500 15,200 17,900 Number of Blind / Elderly Exemptions 1 2 3 8,000 9,050 10,000 12,700 15,400 13,350 16,050 18,750 11,050 13,750 16,450 14,200 16,900 19,600 15,050 17,750 20,450 15,900 18,600 21,300 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Instructions for Form 1040: Internal Revenue Service, downloaded October 13, 2006 from http://www.irs.gov/pub/irs-prior/i1040--1998.pdf
1997 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $41,200 $99,600 $151,750 $271,050 $41,200 $99,600 $151,750 $271,050 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $24,650 $59,750 $124,650 $271,050 $24,650 $59,750 $124,650 $271,050 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $33,050 $85,350 $138,200 $271,050 $33,050 $85,350 $138,200 $271,050 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $20,600 $49,800 $75,875 $135,525 $20,600 $49,800 $75,875 $135,525 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $4,150 $1,000 $6,900 $6,050 $3,450 $800 $1,000 $800
Standard Deduction for Dependants Greater of $650 or individuals earned income
Personal exemption
$2,650
Filing Threshold 0 6,800 8,700 11,350 14,000 12,200 14,850 17,500 Number of Blind / Elderly Exemptions 1 2 3 7,800 8,800 9,700 12,350 15,000 13,000 15,650 18,300 10,700 13,350 16,000 13,800 16,450 19,100 14,600 17,250 19,900 15,400 18,050 20,700 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Instructions for Form 1040: Internal Revenue Service, downloaded October 13, 2006 from http://www.irs.gov/pub/irs-prior/i1040--1997.pdf
1996 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $40,100 $96,900 $147,700 $263,750 $40,100 $96,900 $147,700 $263,750 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $24,000 $58,150 $121,300 $263,750 $24,000 $58,150 $121,300 $263,750 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $32,150 $83,050 $134,500 $263,750 $32,150 $83,050 $134,500 $263,750 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $20,050 $48,450 $73,850 $131,875 $20,050 $48,450 $73,850 $131,875 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $4,000 $1,000 $6,700 $5,900 $3,350 $800 $1,000 $800
Standard Deduction for Dependants Greater of $650 or individuals earned income
Personal exemption
$2,550
Filing Threshold 0 6,550 8,450 11,000 13,550 11,800 14,350 16,900 Number of Blind / Elderly Exemptions 1 2 3 7,550 8,550 9,450 12,000 14,550 12,600 15,150 17,700 10,450 13,000 15,550 13,400 15,950 18,500 14,200 16,750 19,300 15,000 17,550 20,100 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Instructions for Form 1040: Internal Revenue Service, downloaded October 16, 2006 from http://www.irs.gov/pub/irs-prior/i1040--1996.pdf
1995 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $39,000 $94,250 $143,600 $256,500 $39,000 $94,250 $143,600 $256,500 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $23,350 $56,550 $117,950 $256,500 $23,350 $56,550 $117,950 $256,500 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $31,250 $80,750 $130,800 $256,500 $31,250 $80,750 $130,800 $256,500 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $19,500 $47,125 $71,800 $128,250 $19,500 $47,125 $71,800 $128,250 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $3,900 $950 $6,550 $5,750 $3,275 $750 $950 $750
Standard Deduction for Dependants Greater of $650 or individuals earned income
Personal exemption
$2,500
Filing Threshold 0 6,400 8,250 10,750 13,250 11,550 14,050 16,550 Number of Blind / Elderly Exemptions 1 2 3 7,350 8,300 9,200 11,700 14,200 12,300 14,800 17,300 10,150 12,650 15,150 13,050 15,550 18,050 13,800 16,300 18,800 14,550 17,050 19,550 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Instructions for Form 1040: Internal Revenue Service, downloaded October 16, 2006 from http://www.irs.gov/pub/irs-prior/i1040--1995.pdf
1994 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $38,000 $91,850 $140,000 $250,000 $38,000 $91,850 $140,000 $250,000 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $22,750 $55,100 $115,000 $250,000 $22,750 $55,100 $115,000 $250,000 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $30,500 $78,700 $127,500 $250,000 $30,500 $78,700 $127,500 $250,000 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $19,000 $45,925 $70,000 $125,000 $19,000 $45,925 $70,000 $125,000 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $3,800 $950 $6,350 $5,600 $3,175 $750 $950 $750
Standard Deduction for Dependants Greater of $600 or individuals earned income
Personal exemption
$2,500
Filing Threshold 0 6,300 8,100 10,600 13,100 11,350 13,850 16,350 Number of Blind / Elderly Exemptions 1 2 3 7,250 8,200 9,050 11,550 14,050 12,100 14,600 17,100 10,000 12,500 15,000 12,850 15,350 17,850 13,600 16,100 18,600 14,350 16,850 19,350 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Instructions for Form 1040: Internal Revenue Service, downloaded October 16, 2006 from http://www.irs.gov/pub/irs-prior/i1040--1994.pdf
1993 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $36,900 $89,150 $140,000 $250,000 $36,900 $89,150 $140,000 $250,000 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $22,100 $53,500 $115,000 $250,000 $22,100 $53,500 $115,000 $250,000 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $29,600 $76,400 $127,500 $250,000 $29,600 $76,400 $127,500 $250,000 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $18,450 $44,575 $70,000 $125,000 $18,450 $44,575 $70,000 $125,000 and over
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Marginal Rate 15.0% 28.0% 31.0% 36.0% 39.6%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $3,700 $900 $6,200 $5,450 $3,100 $700 $900 $700
Standard Deduction for Dependants Greater of $600 or individuals earned income
Personal exemption
$2,350
Filing Threshold 0 6,050 7,800 10,150 12,500 10,900 13,250 15,600 Number of Blind / Elderly Exemptions 1 2 3 6,950 7,850 8,700 11,050 13,400 11,600 13,950 16,300 9,600 11,950 14,300 12,300 14,650 17,000 13,000 15,350 17,700 13,700 16,050 18,400 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Instructions for Form 1040: Internal Revenue Service, downloaded October 17, 2006 from http://www.irs.gov/pub/irs-prior/i1040--1993.pdf
1992 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $35,800 $86,500 $35,800 $86,500 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $21,450 $51,900 $21,450 $51,900 and over
Marginal Rate 15.0% 28.0% 31.0%
Marginal Rate 15.0% 28.0% 31.0%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $28,750 $74,150 $28,750 $74,150 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $17,900 $43,250 $17,900 $43,250 and over
Marginal Rate 15.0% 28.0% 31.0%
Marginal Rate 15.0% 28.0% 31.0%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $3,600 $900 $6,000 $5,250 $3,000 $700 $900 $700
Standard Deduction for Dependants Greater of $600 or individuals earned income
Personal exemption
$2,300
Filing Threshold 0 5,900 7,550 9,850 12,150 10,600 12,900 15,200 Number of Blind / Elderly Exemptions 1 2 3 6,800 7,700 8,450 10,750 13,050 11,300 13,600 15,900 9,350 11,650 13,950 12,000 14,300 16,600 12,700 15,000 17,300 13,400 15,700 18,000 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Instructions for Form 1040: Internal Revenue Service, downloaded October 17, 2006 from http://www.irs.gov/pub/irs-prior/i1040--1992.pdf
1991 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $34,000 $82,150 $34,000 $82,150 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $20,350 $49,300 $20,350 $49,300 and over
Marginal Rate 15.0% 28.0% 31.0%
Marginal Rate 15.0% 28.0% 31.0%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $27,300 $70,450 $27,300 $70,450 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $17,000 $41,075 $17,000 $41,075 and over
Marginal Rate 15.0% 28.0% 31.0%
Marginal Rate 15.0% 28.0% 31.0%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $3,400 $850 $5,700 $5,000 $2,850 $650 $850 $650
Standard Deduction for Dependants Greater of $550 or individuals earned income
Personal exemption
$2,150
Filing Threshold 0 5,550 7,150 9,300 11,450 10,000 12,150 14,300 Number of Blind / Elderly Exemptions 1 2 3 6,400 7,250 8,000 10,150 12,300 10,650 12,800 14,950 8,850 11,000 13,150 11,300 13,450 15,600 11,950 14,100 16,250 12,600 14,750 16,900 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Instructions for Form 1040: Internal Revenue Service, downloaded October 17, 2006 from http://www.irs.gov/pub/irs-prior/i1040--1991.pdf
1990 Individual Income Tax Rates, Standard Deductions, Personal Exemptions, and Filing Thresholds If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $32,450 $78,400 $162,770 $32,450 $78,400 $162,770 and over
If your filing status is Single
Taxable Income But not Over --over --$0 $19,450 $47,050 $97,620 $19,450 $47,050 $97,620 and over
Marginal Rate 15.0% 28.0% 33.0% 31.0%
Marginal Rate 15.0% 28.0% 33.0% 31.0%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $26,050 $67,200 $134,930 $26,050 $67,200 $134,930 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $16,225 $39,200 $123,570 $16,225 $39,200 $123,570 and over
Marginal Rate 15.0% 28.0% 33.0% 31.0%
Marginal Rate 15.0% 28.0% 33.0% 31.0%
Deductions
Single Married filing jointly Head of Household Married filing separately Standard Blind/Elderly $3,250 $800 $5,450 $4,750 $2,725 $650 $800 $650
Standard Deduction for Dependants Greater of $500 or individuals earned income
Personal exemption
$2,050
Filing Threshold 0 5,300 6,800 8,850 10,900 9,550 11,600 13,650 Number of Blind / Elderly Exemptions 1 2 3 6,100 6,900 7,600 9,650 11,700 10,200 12,250 14,300 8,400 10,450 12,500 10,850 12,900 14,950 11,500 13,550 15,600 12,150 14,200 16,250 4
Single Head of Household 0 children 1 child 2 children Married filing jointly 0 children 1 child 2 children
Source: Instructions for Form 1040: Internal Revenue Service, downloaded October 17, 2006 from http://www.irs.gov/pub/irs-prior/i1040--1990.pdf
Tax Year 1989 Individual Income Tax Parameters
If your filing status is Single
Taxable Income But not Over --over --$0 $18,550 $44,900 $93,130 $18,550 $44,900 $93,130 and over
If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $30,950 $74,850 $155,320 $30,950 $74,850 $155,320 and over
Rate 15% 28% 33% 28%
Rate 15% 28% 33% 28%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $24,850 $64,200 $128,810 $24,850 $64,200 $128,810 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $15,475 $37,425 $117,895 $15,475 $37,425 $117,895 and over
Rate 15% 28% 33% 28%
Rate 15% 28% 33% 28%
Source: Internal Revenue Service, Statistics of Income, Individual Income Tax Returns 1989
Tax Year 1988 Individual Income Tax Parameters
If your filing status is Single
Taxable Income But not Over --over --$0 $17,850 $43,150 $89,560 $21,450 $43,150 $89,560 and over
Rate 15% 28% 33% 28%
If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $29,750 $71,900 $149,250 $29,750 $71,900 $149,250 and over
Rate 15% 28% 33% 28%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $23,900 $61,650 $123,790 $23,900 $61,650 $123,790 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $14,875 $35,950 $113,300 $14,875 $35,950 $113,300 and over
Rate 15% 28% 33% 28%
Rate 15% 28% 33% 28%
Source: Internal Revenue Service, Statistics of Income, Individual Income Tax Returns 1988 (1991)
Tax Year 1987 Individual Income Tax Parameters
If your filing status is Single
Taxable Income But not Over --over --$0 $1,800 $16,800 $27,000 $54,000 $1,800 $16,800 $27,000 $54,000 and over
If your filing status is Married filing jointly
Taxable Income But not Over --over --$0 $3,000 $28,000 $45,000 $90,000 $3,000 $28,000 $45,000 $90,000 and over
Rate 11% 15% 28% 35% 38.5%
Rate 11% 15% 28% 35% 38.5%
If your filing status is Head of Household
Taxable Income But not Over --over --$0 $2,500 $23,000 $38,000 $80,000 $2,500 $23,000 $38,000 $80,000 and over
If your filing status is Married filing separately
Taxable Income But not Over --over --$0 $1,500 $14,000 $22,500 $45,000 $1,500 $14,000 $22,500 $45,000 and over
Rate 11% 15% 28% 35% 38.5%
Rate 11% 15% 28% 35% 38.5%
Source: Internal Revenue Service, Statistics of Income, Individual Income Tax Returns 1987 (1990).
Individual Income Tax Parameters Married Filing Jointly
1986 Taxable Income $0 $3,670 $5,940 $8,200 $12,840 $17,270 $21,800 $26,550 $32,270 $37,980 $49,420 $64,750 $92,370 $118,050 $175,250 Notes: 1. 1981 Act 2. Includes zero-bracket amount Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987. $3,670 $5,940 $8,200 $12,840 $17,270 $21,800 $26,550 $32,270 $37,980 $49,420 Rate 0% 11% 12% 14% 16% 18% 22% 25% 28% 33% 38% 42% 45% 49% 50%
$64,750 $92,370 - $118,050 - $175,250 - and over
Individual Income Tax Parameters Married Filing Jointly
1985 Taxable Income $0 $3,540 $5,720 $7,910 $12,390 $16,650 $21,020 $25,600 $31,120 $36,630 $47,670 $62,450 $89,090 $113,860 $169,020 Notes: 1. 1981 Act 2. Includes zero-bracket amount Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987. $3,540 $5,720 $7,910 $12,390 $16,650 $21,020 $25,600 $31,120 $36,630 $47,670 Rate 0% 11% 12% 14% 16% 18% 22% 25% 28% 33% 38% 42% 45% 49% 50%
$62,450 $89,090 - $113,860 - $169,020 - and over
Individual Income Tax Parameters Married Filing Jointly
1984 Taxable Income $0 $3,400 $5,500 $7,600 $11,900 $16,000 $20,200 $24,600 $29,900 $35,200 $45,800 $60,000 $85,600 $109,400 $162,400 Notes: 1. 1981 Act 2. Includes zero-bracket amount 3. Does not include add-on minimum tax on preference items or alternative minimum tax. 4. Does not allow for the refundable earned-income credit. Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987. $3,400 $5,500 $7,600 $11,900 $16,000 $20,200 $24,600 $29,900 $35,200 $45,800 Rate 0% 11% 12% 14% 16% 18% 22% 25% 28% 33% 38% 42% 45% 49% 50%
$60,000 $85,600 - $109,400 - $162,400 - and over
Individual Income Tax Parameters Married Filing Jointly
1983 Taxable Income $0 $3,400 $5,500 $7,600 $11,900 $16,000 $20,200 $24,600 $29,900 $35,200 $45,800 $60,000 $85,600 $109,400 Notes: 1. 1981 Act 2. Includes zero-bracket amount 3. Does not include add-on minimum tax on preference items or alternative minimum tax. 4. Does not allow for the refundable earned-income credit. Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987. $3,400 $5,500 $7,600 $11,900 $16,000 $20,200 $24,600 $29,900 $35,200 $45,800 Rate 0% 11% 13% 15% 17% 19% 23% 26% 30% 35% 40% 44% 48% 50%
$60,000 $85,600 - $109,400 - and over
Individual Income Tax Parameters Married Filing Jointly
1982 Taxable Income $0 $3,400 $5,500 $7,600 $11,900 $16,000 $20,200 $24,600 $29,900 $35,200 $45,800 $60,000 $85,600 Notes: 1. 1981 Act 2. Includes zero-bracket amount 3. Does not include add-on minimum tax on preference items or alternative minimum tax. 4. Does not allow for the refundable earned-income credit. Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987. $3,400 $5,500 $7,600 $11,900 $16,000 $20,200 $24,600 $29,900 $35,200 $45,800 Rate 0% 12% 14% 16% 19% 22% 25% 29% 33% 39% 44% 49% 50%
$60,000 $85,600 - and over
Individual Income Tax Parameters Married Filing Jointly
1981 Taxable Income $0 $3,400 $5,500 $7,600 $11,900 $16,000 $20,200 $24,600 $29,900 $35,200 $45,800 $60,000 $85,600 $109,400 $162,400 $215,400 Notes: 1. 1981 Act 2. Includes zero-bracket amount 3. Does not include add-on minimum tax on preference items or alternative minimum tax. 4. Does not allow for the refundable earned-income credit. 5. After tax credit of 1.25 percent against regular tax. Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987. $3,400 $5,500 $7,600 $11,900 $16,000 $20,200 $24,600 $29,900 $35,200 $45,800 Rate 0% 13.83% 15.80% 17.775% 20.7375% 23.70% 27.65% 31.60% 36.5375% 42.4625% 48.3875% 53.3250% 58.2625% 63.20% 67.15% 69.125%
$60,000 $85,600 - $109,400 - $162,400 - $215,400 - and over
Individual Income Tax Parameters Married Filing Jointly
1979-1980 Taxable Income $0 $3,400 $5,500 $7,600 $11,900 $16,000 $20,200 $24,600 $29,900 $35,200 $45,800 $60,000 $85,600 $109,400 $162,400 $215,400 Notes: 1. 1978 Act 2. Includes zero-bracket amount 3. Does not include add-on minimum tax on preference items or alternative minimum tax. 4. Earned income subject to maximum marginal rate of 50 percent. 5. Does not allow for the refundable earned-income credit. Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987. $3,400 $5,500 $7,600 $11,900 $16,000 $20,200 $24,600 $29,900 $35,200 $45,800 Rate 0% 14% 16% 18% 21% 24% 28% 32% 37% 43% 49% 54% 59% 64% 68% 70%
$60,000 $85,600 - $109,400 - $162,400 - $215,400 - and over
Individual Income Tax Parameters Married Filing Jointly
1971-1978 Taxable Income $0 $1,000 $2,000 $3,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 $200,000 Notes: 1. 1969 Act 2. Does not include minimum tax preference items. 3. Earned income subject to maximum marginal rates of 60 percent in 1971 and 50 percent beginning in 1972. 4. Does not allow for 10 percent rebate of 1974 taxes (maximum of $200) or a refundable earned-income credit of 10 percent earned income up to $4,000 (phased down to zero at $8,000) beginning in 1975. Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987. $1,000 $2,000 $3,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 Rate 14% 15% 16% 17% 19% 22% 25% 28% 32% 36% 39% 42% 45% 48% 50% 53% 55% 58% 60% 62% 64% 66% 68% 69% 70%
- $140,000 - $160,000 - $180,000 - $200,000 - and over
Individual Income Tax Parameters Married Filing Jointly
1970 Taxable Income $0 $1,000 $2,000 $3,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 $200,000 Notes: 1. 1969 Act 2. Includes surcharge of 2.5 percent , beginning with the $2,000-3,000 bracket. A partial surcharge exemption, based on a graduated scale, applied to this and the next higher bracket. The marginal rates in these brackets therefore varied slightly from those shown above 3. Does not include minimum tax preference items. Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987. $1,000 $2,000 $3,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 Rate 14.00% 15.00% 16.40% 17.425% 19.475% 22.55% 25.625% 28.70% 32.80% 36.90% 39.975% 43.05% 46.125% 49.20% 51.25% 54.325% 56.375% 59.45% 61.50% 63.55% 65.60% 67.65% 69.70% 70.725% 71.75%
- $140,000 - $160,000 - $180,000 - $200,000 - and over
Individual Income Tax Parameters Married Filing Jointly
1969 Taxable Income $0 $1,000 $2,000 $3,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 $200,000 Notes: 1. 1968 Act 2. Includes surcharge of 10 percent , beginning with the $2,000-3,000 bracket. A partial surcharge exemption, based on a graduated scale, applied to this and the next higher bracket. The marginal rates in these brackets therefore varied slightly from those shown above Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987. $1,000 $2,000 $3,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 Rate 14.0% 15.0% 17.6% 18.7% 20.9% 24.2% 27.5% 30.8% 35.2% 39.6% 42.9% 46.2% 49.5% 52.8% 55.0% 58.3% 60.5% 63.8% 66.0% 68.2% 70.4% 72.6% 74.8% 75.9% 77.0%
- $140,000 - $160,000 - $180,000 - $200,000 - and over
Individual Income Tax Parameters Married Filing Jointly
1968 Taxable Income $0 $1,000 $2,000 $3,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 $200,000 Notes: 1. 1968 Act 2. Includes surcharge of 7.5 percent , beginning with the $2,000-3,000 bracket. A partial surcharge exemption, based on a graduated scale, applied to this and the next higher bracket. The marginal rates in these brackets therefore varied slightly from those shown above Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987. $1,000 $2,000 $3,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 Rate 14.00% 15.00% 17.20% 18.275% 20.425% 23.650% 26.875% 30.10% 34.40% 38.70% 41.925% 45.15% 48.375% 51.60% 53.75% 56.975% 59.125% 62.35% 64.50% 66.65% 68.80% 70.95% 73.10% 74.175% 75.25%
- $140,000 - $160,000 - $180,000 - $200,000 - and over
Individual Income Tax Parameters Married Filing Jointly
1965-1967 Taxable Income $0 $1,000 $2,000 $3,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 $200,000 $1,000 $2,000 $3,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 Rate 14% 15% 16% 17% 19% 22% 25% 28% 32% 36% 39% 42% 45% 48% 50% 53% 55% 58% 60% 62% 64% 66% 68% 69% 70%
- $140,000 - $160,000 - $180,000 - $200,000 - and over
Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987. 1964 Act
Individual Income Tax Parameters Married Filing Jointly
1964 Taxable Income $0 $1,000 $2,000 $3,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 $200,000 $400,000 $1,000 $2,000 $3,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 Rate 16.0% 16.5% 17.5% 18.0% 20.0% 23.5% 27.0% 30.5% 34.0% 37.5% 41.0% 44.5% 47.5% 50.5% 53.5% 56.0% 58.5% 61.0% 63.5% 66.0% 68.5% 71.0% 73.5% 75.0% 76.5% 77.0%
- $140,000 - $160,000 - $180,000 - $200,000 - $400,000 a - and over
Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987. 1964 Act
Individual Income Tax Parameters Married Filing Jointly
1954-1963 Taxable Income $0 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 $200,000 $300,000 $400,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 Rate 20.0% 22.0% 26.0% 30.0% 34.0% 38.0% 43.0% 47.0% 50.0% 53.0% 56.0% 59.0% 62.0% 65.0% 69.0% 72.0% 75.0% 78.0% 81.0% 84.0% 87.0% 89.0% 90.0% 91.0%
- $200,000 - $300,000 - $400,000 a - and over
Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987.
a
Subject to the following maximum effective rate limitation: 87% b 1951 Act
Individual Income Tax Parameters Married Filing Jointly
1952-1953 Taxable Income $0 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 $200,000 $300,000 $400,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 Rate 22.2% 24.6% 29.0% 34.0% 38.0% 42.0% 48.0% 53.0% 56.0% 59.0% 62.0% 66.0% 67.0% 68.0% 72.0% 75.0% 77.0% 80.0% 83.0% 85.0% 88.0% 90.0% 91.0% 92.0%
- $200,000 - $300,000 - $400,000 a - and over
Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987.
a
Subject to the following maximum effective rate limitation: 88%
Individual Income Tax Parameters Married Filing Jointly
1951 Taxable Income $0 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 $200,000 $300,000 $400,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 Rate 20.4% 22.4% 27.0% 30.0% 35.0% 39.0% 43.0% 48.0% 51.0% 54.0% 57.0% 60.0% 63.0% 66.0% 69.0% 73.0% 75.0% 78.0% 82.0% 84.0% 87.0% 89.0% 90.0% 91.0%
- $200,000 - $300,000 - $400,000 a - and over
Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987.
a
Subject to the following maximum effective rate limitation: 87.2%. b 1951 Act
Individual Income Tax Parameters Married Filing Jointly
1950 Taxable Income $0 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 $200,000 $273,438 $300,000 $400,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 Rate 17.40% 20.02% 23.66% 27.30% 30.94% 34.58% 39.13% 42.77% 45.50% 48.23% 50.96% 53.69% 56.42% 59.15% 62.79% 65.52% 68.25% 70.98% 73.71% 76.44% 79.17% 80.99% 82.503% 83.430% 84.357%
- $200,000 - $273,438 - $300,000 - $400,000 a - and over
Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987.
a
Subject to the following maximum effective rate limitation: 87%. b 1950 Act
Individual Income Tax Parameters Married Filing Jointly
1948-1949 Taxable Income $0 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 $200,000 $273,438 $300,000 $400,000 $4,000 $8,000 $12,000 $16,000 $20,000 $24,000 $28,000 $32,000 $36,000 $40,000 $44,000 $52,000 $64,000 $76,000 $88,000 $100,000 $120,000 $140,000 $160,000 $180,000 Rate 16.60% 19.36% 22.88% 26.40% 29.92% 33.44% 37.84% 41.36% 44.00% 46.64% 49.28% 51.92% 54.56% 57.20% 60.72% 63.36% 66.00% 68.64% 71.28% 73.92% 76.56% 78.32% 80.3225% 81.2250% 82.1275%
- $200,000 - $273,438 - $300,000 - $400,000 a - and over
Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987.
a
Subject to the following maximum effective rate limitation: 77% b 1948 Act Since 1948 married couples have been allowed to split their income for tax purposes. Rates shown are for married couples filing joint tax returns.
Individual Income Tax Parameters
1946-1947 Taxable Income $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 $16,000 $18,000 $20,000 $22,000 $26,000 $32,000 $38,000 $44,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $150,000 $200,000 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 $16,000 $18,000 $20,000 $22,000 $26,000 $32,000 $38,000 $44,000 $50,000 $60,000 $70,000 $80,000 $90,000 Rate 19.00% 20.90% 24.70% 28.50% 32.30% 36.10% 40.85% 44.65% 47.50% 50.35% 53.20% 56.05% 58.90% 61.75% 65.55% 68.40% 71.25% 74.10% 76.95% 79.80% 82.65% 84.55% 85.50% 86.45%
- $100,000 - $150,000 - $200,000 a - and over
Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987.
a
Subject to the following maximum effective rate limitations: 85.5 percent for 1946-47. b 1945 Act
Individual Income Tax Parameters
1944-1945 Taxable Income $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 $16,000 $18,000 $20,000 $22,000 $26,000 $32,000 $38,000 $44,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $150,000 $200,000 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 $16,000 $18,000 $20,000 $22,000 $26,000 $32,000 $38,000 $44,000 $50,000 $60,000 $70,000 $80,000 $90,000 Rate 23% 25% 29% 33% 37% 41% 46% 50% 53% 56% 59% 62% 65% 68% 72% 75% 78% 81% 84% 87% 90% 92% 93% 94%
- $100,000 - $150,000 - $200,000 a - and over
Source: Joseph Pechman, Federal Tax Policy, Washington, DC: Brookings Institution, 1987.
a
Subject to the following maximum effective rate limitations: 90.0 percent for 1944-1945 b 1944 Act