TAX RATES SCHEDULES |
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YEAR 2004 VS. 2005 |
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| Year 2004 | Year 2005 | ||
| 1 . First Bracket | 10% | 10% | |
| 2. Second Bracket: | 15% | 15% | |
| Begins at: | |||
| Joint | $14,300 | $14,600 | |
| Single | $7,150 | $7,300 | |
| Head of household | $10,200 | $10,450 | |
| Married filing separetely | $7,150 | $7,300 | |
| Estates and trusts | $0 | $0 | |
| 3. Third Bracket: | 25% | 25% | |
| Begins at: | |||
| Joint | $58,000 | $59,400 | |
| Single | $29,050 | $29,700 | |
| Head of household | $38,900 | $39,800 | |
| Married filing separetely | $29,050 | $29,700 | |
| Estates and trusts | $1,950 | $2,000 | |
| 4. Fourth Bracket: | 28% | 28% | |
| Begins at: | |||
| Joint | $117,250 | $119,950 | |
| Single | $70,350 | $71,950 | |
| Head of household | $100,500 | $102,800 | |
| Married filing separetely | $58,625 | $59,975 | |
| Estates and trusts | $4,600 | $4,700 | |
| 5. Fith Bracket: | 33% | 33% | |
| Begins at: | |||
| Joint | $178,650 | $182,800 | |
| Single | $146,750 | $150,150 | |
| Head of household | $162,700 | $166,450 | |
| Married filing separetely | $89,325 | $91,400 | |
| Estates and trusts | $7,000 | $7,150 | |
| 6 .Sixth Bracket: | 35% | 35% | |
| Begins at: | |||
| Joint | $319,100 | $326,450 | |
| Single | $319,100 | $326,450 | |
| Head of household | $319,100 | $326,450 | |
| Married filing separetely | $159,550 | $163,225 | |
| Estates and trusts | $9,550 | $9,750 | |