2007 TAX TABLES ( NOT FOR 2006 RETURNS )

MARRIED FILING JOINT & SURVIVING SPOUSE
IF TAXABLE INCOME IS OVER... BUT NOT OVER...... THE TAX IS.... OF THE AMOUNT OVER.......
$ -0-
$ 15650.
10% OF TAXABLE INCOME
$ -0-
$ 15650.
$ 63700.
$ 1565. PLUS 15%
$ 15650.
$ 63700.
$ 128500.
$ 8772.50 PLUS 25%
$ 63700.
$ 128500.
$ 195850.
$ 24972.50 PLUS 28%
$ 128500.
$ 195850.
$ 349700.
$ 43830.50 PLUS 33%
$ 195850.
$ 349700.
....................
$ 94601. PLUS 35%
$ 349700.
PERSONAL EXEMPTIONS
STANDARD DEDUCTION BEGIN AGI PHASE-OUT AT: FULL PHASE-OUT AT:
$ 10700.
$ 234600.
$ 357100.

 

HEADS OF HOUSEHOLDS
IF TAXABLE INCOME IS OVER... BUT NOT OVER...... THE TAX IS.... OF THE AMOUNT OVER.......
$ -0-
$ 11200.
10% OF TAXABLE INCOME
$ -0-
$ 11200.
$ 42650.
$ 1120. PLUS 15%
$ 11200.
$ 42650.
$ 110100.
$ 5837.50 PLUS 25%
$ 42650.
$ 110100.
$ 178350.
$ 22700 PLUS 28%
$ 110100.
$ 178350.
$ 349700.
$ 41810 PLUS 33%
$ 178350.
$ 349700.
....................
$ 98355.50 PLUS 35%
$ 349700.
PERSONAL EXEMPTIONS
STANDARD DEDUCTION BEGIN AGI PHASE-OUT AT: FULL PHASE-OUT AT:
$ 7850.
$ 195500.
$ 318000.

 

UNMARRIED INDIVIDUALS
IF TAXABLE INCOME IS OVER... BUT NOT OVER...... THE TAX IS.... OF THE AMOUNT OVER.......
$ -0-
$ 7825.
10% OF TAXABLE INCOME
$ -0-
$ 7825.
$ 31850.
$ 782.50 PLUS 15%
$ 7825.
$ 31850.
$ 77100.
$ 4386.25 PLUS 25%
$ 31850.
$ 77100.
$ 160850.
$ 15698.75 PLUS 28%
$ 77100.
$ 160850.
$ 349700.
$ 39148.75 PLUS 33%
$ 160850.
$ 349700.
....................
$ 101469.25 PLUS 35%
$ 349700.
PERSONAL EXEMPTIONS
STANDARD DEDUCTION BEGIN AGI PHASE-OUT AT: FULL PHASE-OUT AT:
$ 5350.
$ 156400.
$ 278900.

 

MARRIED INDIVIDUALS FILING SEPARATE RETURNS
IF TAXABLE INCOME IS OVER... BUT NOT OVER...... THE TAX IS.... OF THE AMOUNT OVER.......
$ -0-
$ 7825.
10% OF TAXABLE INCOME
$ -0-
$ 7825.
$ 31850.
$ 782.50 PLUS 15%
$ 7825.
$ 31850.
$ 64250.
$ 4386.25 PLUS 25%
$ 31850.
$ 64250.
$ 97925.
$ 12486.25 PLUS 28%
$ 64250.
$ 97925.
$ 174850.
$ 21915.25 PLUS 33%
$ 97925.
$ 174850.
....................
$ 47300.50 PLUS 35%
$ 174850.
PERSONAL EXEMPTIONS
STANDARD DEDUCTION BEGIN AGI PHASE-OUT AT: FULL PHASE-OUT AT:
$ 5350.
$ 117300.
$ 178550.