Sunday, January 6, 2008

2007 federal tax brackets

Federal tax rate for taxable income of Single & Married File Jointly (MFJ)

(Not shown are Head of Household and Married File Separately )

Marginal RateSingleMFJ
10%$0 - $7,825$0 - $15,650
15%$7,826 - $31,850$15,651 - $63,700
25%$31,851 - $77,100$63,701 - $128,500
28%$77,101 - $160,850$128,501 - $195,850
33%$160,851 - $349,700$195,851 - $349,700
35%Over $349,700Over $349,700

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