TAX
TABLES
|
MARRIED FILING JOINTLY &
SURVIVING SPOUSE
2005 |
|
IF TAXABLE INCOME… |
THEN THE TAX IS… |
|
IS OVER |
BUT NOT OVER |
THIS AMOUNT |
PLUS THIS % |
OF THE EXCESSOVER
|
|
-
|
14,600
|
- |
10% |
- |
|
14,600 |
59,400 |
1,460.00
|
15% |
14,600 |
|
59,400
|
119,950 |
8,180.00 |
25% |
59,400 |
|
119,950 |
182,800 |
23,317.50 |
28% |
119,950 |
|
182,800 |
326,450 |
40,915.50 |
33% |
182,800 |
|
326,450 |
- |
88,320.00 |
35% |
326,450 |
|
SINGLE INDIVIDUALS
2005 |
|
IF TAXABLE INCOME… |
THEN THE TAX IS… |
|
IS OVER |
BUT NOT OVER |
THIS AMOUNT |
PLUS THIS % |
OF THE EXCESS OVER |
|
-
|
7,350
|
- |
10% |
-
|
|
7,300 |
29,700
|
730.00 |
15% |
7,300
|
|
29,700 |
71,950
|
4,090.00 |
25% |
29,700
|
|
71,950 |
150,150
|
14,652.50 |
28% |
71,950
|
|
150,150 |
326,450
|
326,548.50 |
33% |
150,150
|
|
326,450 |
-
|
94,727.50 |
35% |
326,450
|
|
HEAD OF HOUSEHOLD
2005 |
|
IF TAXABLE INCOME… |
THEN THE TAX IS… |
|
IS OVER |
BUT NOT OVER |
THIS AMOUNT |
PLUS HIS %
|
OF THE EXCESS OVER |
|
-
|
10,450
|
- |
10% |
-
|
|
10,450 |
39,800
|
1,045.00 |
15% |
10,450
|
|
39,800 |
102,800
|
5,447.50 |
25% |
38,900
|
|
102,800 |
166,450
|
21,197.50 |
28% |
102,800
|
|
166,450 |
326,450
|
39,019.50 |
33% |
166,450
|
|
326,450 |
-
|
91,819.50 |
35% |
326,450
|
|
MARRIED FILING SEPARATELY
2005
|
|
IF TAXABLE INCOME… |
THEN THE TAX IS… |
|
IS
OVER |
BUT
NOT OVER |
THIS AMOUNT |
PLUS THIS % |
OF THE EXCESS OVER |
|
-
|
7,300
|
- |
10% |
-
|
|
7,300 |
29,700
|
730.00 |
15% |
7,300
|
|
29,700 |
59,975
|
4,090.00 |
25% |
29,700
|
|
59,975 |
91,400 |
11,658.75 |
28% |
59,975
|
|
91,400 |
163,225
|
20,457.75 |
33% |
91,400
|
|
163,225 |
-
|
43,164.00 |
35% |
163,225
|
2005 Long-Term Capital
Gain Tax Rates:
For taxpayers in the 10% or
15% bracket--5%
For taxpayers in higher
brackets--15%
Tax on unrecaptured Sec.
1250 gain--25%
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