Are you ready to plan your 2014 Tax? In that case, you might want to start with the 2014 tax brackets.
2014 Tax Brackets(for taxes due April 15, 2015) | ||||
|---|---|---|---|---|
| Tax rate | Single filers | Married filing jointly or qualifying widow/widower | Married filing separately | Head of household |
| 10% | Up to $9,075 | Up to $18,150 | Up to $9,075 | Up to $12,950 |
| 15% | $9,076 to $36,900 | $18,151 to $73,800 | $9,076 to $36,900 | $12,951 to $49,400 |
| 25% | $36,901 to $89,350 | $73,801 to $148,850 | $36,901 to $74,425 | $49,401 to $127,550 |
| 28% | $89,351 to $186,350 | $148,851 to $226,850 | $74,426 to $113,425 | $127,551 to $206,600 |
| 33% | $186,351 to $405,100 | $226,851 to $405,100 | $113,426 to $202,550 | $206,601 to $405,100 |
| 35% | $405,101 to $406,750 | $405,101 to $457,600 | $202,551 to $228,800 | $405,101 to $432,200 |
| 39.6% | $406,751 or more | $457,601 or more | $228,801 or more | $432,201 or more |
2013 Tax Brackets (For taxes due April 15, 2014)
| Tax rate | Single filers | Married filing jointly or qualifying widow/widower | Married filing separately | Head of household |
|---|---|---|---|---|
| 10% | Up to $8,925 | Up to $17,850 | Up to $8,925 | Up to $12,750 |
| 15% | $8,926 – $36,250 | $17,851 – $72,500 | $8,926- $36,250 | $12,751 – $48,600 |
| 25% | $36,251 – $87,850 | $72,501 – $146,400 | $36,251 – $73,200 | $48,601 – $125,450 |
| 28% | $87,851 – $183,250 | $146,401 – $223,050 | $73,201 – $111,525 | $125,451 – $203,150 |
| 33% | $183,251 – $398,350 | $223,051 – $398,350 | $111,526 – $199,175 | $203,151 – $398,350 |
| 35% | $398,351 – $400,000 | $398,351 – $450,000 | $199,176 – $225,000 | $398,351 – $425,000 |
| 39.6% | $400,001 or more | $450,001 or more | $225,001 or more | $425,001 or more |
And lastly – you may also like to compare these numbers with 2012 tax brackets.
2012 Tax Brackets (For taxes due this year)
| Tax rate | Single filers | Married filing jointly or qualifying widow/widower | Married filing separately | Head of household |
|---|---|---|---|---|
| 10% | Up to $8,700 | Up to $17,400 | Up to $8,700 | Up to $12,400 |
| 15% | $8,701 – $35,350 | $17,401 – $70,700 | $8,701- $35,350 | $12,401 – $47,350 |
| 25% | $35,351 – $85,650 | $70,701 – $142,700 | $35,351 – $71,350 | $47,351 – $122,300 |
| 28% | $85,651 – $178,650 | $142,701 – $217,450 | $71,351 – $108,725 | $122,301 – $198,050 |
| 33% | $178,651 – $388,350 | $217,451 – $388,350 | $108,726 – $194,175 | $198,051 – $388,350 |
| 35% | $388,351 or more | $388,351 or more | $194,176 or more | $388,351 or more |
