KirkLindstrom.com - Articles - 2013 - US Federal  Income Tax Brackets - Federal Tax Rates for 2013
Kirk
                Windsurfing at Palo Alto in SF Bay in May 2009
US Federal  Income Tax Rates & Brackets for 2013
" US Federal income tax rates for tax year 2013 "
Kirk
                Windsurfing at Coyote Point November 2009

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April 15, 2013
:
 
Today is "Tax Day" when US Federal income taxes for 2012 must be paid even if you file for an extension.  39.6% is the top Federal marginal tax rate in 2013. Last year, 2012, the top marginal tax rate was "only" 35%.   With the new tax rates for 2013, there is a huge penalty for two people to marry if they are both in the higher tax brackets, especially if their combined income pushes them above the $450,000 threshold.


US Federal tax rates for tax year 2013: For tax year 2013 returns that will be filed in 2014

Single Filing Status

[Tax Rate Schedule X, Internal Revenue Code section 1(c)]
10% on taxable income from $0 to $8,925, plus
15% on taxable income over $8,925 to $36,250, plus
25% on taxable income over $36,250 to $87,850, plus
28% on taxable income over $87,850 to $183,250, plus
33% on taxable income over $183,250 to $398,350, plus
35% on taxable income over $398,350 to $400,000, plus
39.6% on taxable income over $400,000.
Head of Household Filing Status

[Tax Rate Schedule Z, Internal Revenue Code section 1(b)]
10% on taxable income from $0 to $12,750, plus
15% on taxable income over $12,750 to $48,600, plus
25% on taxable income over $48,600 to $125,450, plus
28% on taxable income over $125,450 to $203,150, plus
33% on taxable income over $203,150 to $398,350, plus
35% on taxable income over $398,350 to $425,000, plus
39.6% on taxable income over $425,000.

Note: Each tax rate applies to a range of income, which is called a tax bracket. Each tax rate applies to a specific range of taxable income. Taxable income is total income after various deductions have been subtracted.
 

Married Filing Jointly or Qualifying Widow(er) Filing Status

[Tax Rate Schedule Y-1, Internal Revenue Code section 1(a)]
10% on taxable income from $0 to $17,850, plus
15% on taxable income over $17,850 to $72,500, plus
25% on taxable income over $72,500 to $146,400, plus
28% on taxable income over $146,400 to $223,050, plus
33% on taxable income over $223,050 to $398,350, plus
35% on taxable income over $398,350 to $450,000, plus
39.6% on taxable income over $450,000.
Married Filing Separately Filing Status

[Tax Rate Schedule Y-2, Internal Revenue Code section 1(d)]
10% on taxable income from $0 to $8,925, plus
15% on taxable income over $8,925 to $36,250, plus
25% on taxable income over $36,250 to $73,200, plus
28% on taxable income over $73,200 to $111,525, plus
33% on taxable income over $111,525 to $199,175, plus
35% on taxable income over $199,175 to $225,000, plus
39.6% on taxable income over $225,000.




Note 1.  Source  http://www.irs.gov/pub/irs-pdf/n1036.pdf  &  2013 Capital Gains Tax Rates
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