Federal Income Tax Brackets
Federal Tax Brackets
February 2008
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Schedule X — Single Filer
| If taxable income is over– | But not over– | The tax is: |
|---|---|---|
| $0 | $7,825 | 10% of the amount over $0 |
| $7,825 | $31,850 | $782.50 plus 15% of the amount over 7,825 |
| $31,850 | $77,100 | $4,386.25 plus 25% of the amount over 31,850 |
| $77,100 | $160,850 | $15,698.75 plus 28% of the amount over 77,100 |
| $160,850 | $349,700 | $39,148.75 plus 33% of the amount over 160,850 |
| $349,700 | no limit | $101,469.25 plus 35% of the amount over 349,700 |
Schedule Y-1 — Married Filing Jointly or Qualifying Widow(er)
| If taxable income is over– | But not over– | The tax is: |
|---|---|---|
| $0 | $15,650 | 10% of the amount over $0 |
| $15,650 | $63,700 | $1,565.00 plus 15% of the amount over 15,650 |
| $63,700 | $128,500 | $8,772.50 plus 25% of the amount over 63,700 |
| $128,500 | $195,850 | $24,972.50 plus 28% of the amount over 128,500 |
| $195,850 | $349,700 | $43,830.50 plus 33% of the amount over 195,850 |
| $349,700 | no limit | $94,601.00 plus 35% of the amount over 349,700 |
Schedule Y-2 — Married Filing Separately
| If taxable income is over– | But not over– | The tax is: |
|---|---|---|
| $0 | $7,825 | 10% of the amount over $0 |
| $7,825 | $31,850 | $782.50 plus 15% of the amount over 7,825 |
| $31,850 | $64,250 | $4,386.25 plus 25% of the amount over 31,850 |
| $64,250 | $97,925 | $12,486.25 plus 28% of the amount over 64,250 |
| $97,925 | $174,850 | $21,915.25 plus 33% of the amount over 97,925 |
| $174,850 | no limit | $47,300.50 plus 35% of the amount over 174,850 |
Schedule Z — Head of Household
| If taxable income is over– | But not over– | The tax is: |
|---|---|---|
| $0 | $11,200 | 10% of the amount over $0 |
| $11,200 | $42,650 | $1,120.00 plus 15% of the amount over 11,200 |
| $42,650 | $110,100 | $5,837.50 plus 25% of the amount over 42,650 |
| $110,100 | $178,350 | $22,700.00 plus 28% of the amount over 110,100 |
| $178,350 | $349,700 | $41,810.00 plus 33% of the amount over 178,350 |
| $349,700 | no limit | $98,355.50 plus 35% of the amount over 349,700 |
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Michael Spadaccini is the author of 8 books on self-help legal matters such as, Ultimate LLC Compliance Guide: Covers All 50 States (Ultimate Series), Ultimate Book of Forming Corps, LLCs, Partnerships & Sole Proprietorships, and Ultimate Guide to Forming an LLC in Any State, Second Edition (Ultimate Series).
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