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The Money Alert
2008 Federal Income Tax Table
If taxable income is:
Married Filing Jointly:
Over
But Not Over
The Tax Is
Of The
Amount Over
$0
$16,050
$0 + 10%
$0
$16,050
$65,100
$1,605 + 15%
$16,050
$65,100
$131,450
$8,962.50 + 25%
$65,100
$131,450
$200,300
$25,550 + 28%
$131,450
$200,300
$357,700
$44,828 + 33%
$200,300
$357,700
And Over
$96,770 + 35%
$357,700
Single:
Over
But Not Over
The Tax Is
Of The
Amount Over
$0
$8,025
$0 + 10%
$0
$8,025
$32,550
$802.50 + 15%
$8,025
$32,550
$78,850
$4,481.25 + 25%
$32,550
$78,850
$164,550
$16,056.25 + 28%
$78,850
$164,550
$357,700
$40,052.25 + 33%
$164,550
$357,700
And Over
$103,791.25 + 35%
$357,700
Estates and Trusts:
Over
But Not Over
The Tax Is
Of The
Amount Over
$0
$2,200
$0 + 15%
$0
$2,200
$5,150
$330 + 25%
$2,200
$5,150
$7,850
$1,067.50 + 28%
$5,150
$7,850
$10,700
$1,823.50 + 33%
$7,850
$10,700
And Over
$2,764 + 35%
$10,700
Corporations:
Over
But Not Over
The Tax Is
Of The
Amount Over
$0
$50,000
$0 + 15%
$0
$50,000
$75,000
$7,500 + 25%
$50,000
$75,000
$100,000
$13,750 + 34%
$75,000
$100,000
$335,000
$22,250 + 39%
$100,000
$335,000
$10,000,000
$113,900 + 34%
$335,000
$10,000,000
$15,000,000
$3,400,000 + 35%
$10,000,000
$15,000,000
$18,333,333
$5,150,000 + 38%
$15,000,000
$18,333,333
And Over
$6,416,667 + 35%
$18,333,333
Standard Deductions
2006
2007
2008
Married Filing Jointly
$10,300
$10,700
$10,900
Head Of Household
$7,550
$7,850
$8,000
Single
$5,150
$5,350
$5,450
Additional (Age 65/older, or blind):
Married

Unmarried and not surviving
spouse


$1,000

$1,250


$1,050

$1,300


$1,050

$1,350
AGI itemized deduction
phase-out:
Married Filing Separately

All Others



$75,250

$150,50



$78,200

$156,40



$79,975

$159,950
2008 Capital Gains Tax
Rates on dividends and gains for assets held at least 12 months:
15% income tax bracket or below
0%
25% income tax bracket or above
15%
Capital Gains rate on collectibles
28%
2006 Federal Income Tax Table
If taxable income is:
Married Filing Jointly:
Over
But Not
Over
The Tax Is
Of The
Amount Over
$0
$15,100
$0 + 10%
$0
$15,100
$61,300
$1,510 + 15%
$15,100
$61,300
$123,700
$8,440 + 25%
$61,300
$123,700
$188,450
$24,040 + 28%
$123,700
$188,450
$336,550
$42,170 + 33%
$188,450
$336,550
And Over
$91,043 + 35%
$336,550
Single:
Over
But Not
Over
The Tax Is
Of The
Amount Over
$0
$7,550
$0 + 10%
$0
$7,550
$30,650
$755 + 15%
$7,550
$30,650
$74,200
$4,220 + 25%
$30,650
$74,200
$154,800
$15,108 + 28%
$74,200
$154,800
$336,550
$37,676 + 33%
$154,800
$336,550
And Over
$97,653 + 35%
$336,550
Estates and Trusts:
Over
But Not
Over
The Tax Is
Of The
Amount Over
$0
$2,050
$0 + 15%
$0
$2,050
$4,850
$308 + 25%
$2,050
$4,850
$7,400
$1,008 + 28%
$4,850
$7,400
$10,050
$1,722 + 33%
$7,400
$10,050
And Over
$2,596 + 35%
$10,500
Corporations:
Over
But Not
Over
The Tax Is
Of The
Amount Over
$0
$50,000
$0 + 15%
$0
$50,000
$75,000
$7,500 + 25%
$50,000
$75,000
$100,000
$13,750 + 34%
$75,000
$100,000
$335,000
$22,250 + 39%
$100,000
$335,000
$10,000,000
$113,900 + 34%
$335,000
$10,000,000
$15,000,000
$3,400,000 + 35%
$10,000,000
$15,000,000
$18,333,333
$5,150,000 + 38%
$15,000,000
$18,333,333
And Over
$6,416,667 + 35%
$18,333,333
*The material represented hereon is provided for informational
purposes only and should not be construed as tax or legal
advice. The information presented here has been obtained from
publicly available sources and is believed to be accurate and
current. You may attain more comprehensive IRS tax tables at
http://www.irs.gov. Always consult a qualified tax planning
advisor.
Tax Table / Tax Bracket Rates
2008
Federal
Income
Tax Table
Married Filing Jointly
2007
Federal
Income
Tax Table
Married Filing Jointly
Single
Single
Estates and Trusts
Estates and Trusts
Corporations
Corporations
 
Standard Deductions
 
Capital Gains Taxes
2006
Federal
Income
Tax Table
Married Filing Jointly
 
Married Filing Jointly
Single
Single
Estates and Trusts
Estates and Trusts
Corporations
Corporations
 
Standard Deductions
 
Capital Gains Taxes
2007 Federal Income Tax Table
If taxable income is:
Married Filing Jointly:
Over
But Not Over
The Tax Is
Of The
Amount Over
$0
$15,650
$0 + 10%
$0
$15,650
$63,700
$1,565 + 15%
$15,650
$63,700
$128,500
$8,773 + 25%
$63,700
$128,500
$195,850
$24,973 + 28%
$128,500
$195,850
$349,700
$43,831 + 33%
$195,850
$349,700
And Over
$94,601 + 35%
$349,700
Single:
Over
But Not Over
The Tax Is
Of The
Amount Over
$0
$7,825
$0 + 10%
$0
$7,825
$31,850
$788 + 15%
$7,825
$31,850
$77,100
$4,386 + 25%
$31,850
$77,100
$160,850
$15,699 + 28%
$77,100
$160,850
$349,700
$39,149 + 33%
$160,850
$349,700
And Over
$101,469 + 35%
$349,700
Estates and Trusts:
Over
But Not Over
The Tax Is
Of The
Amount Over
$0
$2,150
$0 + 15%
$0
$2,150
$5,000
$323 + 25%
$2,150
$5,000
$7,650
$1,035 + 28%
$5,000
$7,650
$10,450
$1,777 + 33%
$7,650
$10,450
And Over
$2,701 + 35%
$10,450
Corporations:
Over
But Not Over
The Tax Is
Of The
Amount Over
$0
$50,000
$0 + 15%
$0
$50,000
$75,000
$7,500 + 25%
$50,000