Your federal tax rate is based on your income level and whether you are filing singly or jointly. The percentage can change annually. Below are the federal tax rates for year 2015
Tax Rates of IRS for the year 2015 | ||||
Tax Rate 2015 | Single Taxpayer 2015 | Married Filing Jointly or Surviving Spouses 2015 | Married Filing Separately 2015 | Head of Household 2015 |
10% | $0 โ $9,225 | $0 โ $18,450 | $0 โ $9,225 | $0 โ $13,150 |
15% | $9,226 โ $37,450 | $18,451 โ $74,900 | $9,226 โ $37,450 | $13,151 โ $50,200 |
25% | $37,451 โ $90,750 | $74,901 โ $151,200 | $37,451 โ $75,600 | $50,201 โ $129,600 |
28% | $90,751 โ $189,300 | $151,201 โ $230,450 | $75,601 โ $115,225 | $129,601 โ $209,850 |
33% | $189,301 โ $411,500 | $230,451 โ $411,500 | $115,226 โ $205,750 | $209,851 โ $411,500 |
35% | $411,501 โ $413,200 | $411,501 โ $464,850 | $205,751 โ $232,425 | $411,501 โ $439,000 |
39.6% | $413,201 and above | $464,851 and above | $232,426 and above | $439,001 and above |