Filing Your Tax Return – Other Statuses

 

A similar approach is applied to the calculation of your tax liability if you are married filing separately except that the tax brackets are different. The first six tax brackets have the following thresholds: (i) $9,275; (ii) $37,650; (iii) $75,950; (iv) $115,725; (v) $206,675; and (vi) $233,475. The last bracket is for taxable income equal to or greater than $233,475.

 

Table 4 – Married Individuals Filing Separate Returns    
Married Filing Separately          
               
Over But Not Over Tax is   Rate Of Amount Over
$0 $9,275   0 + 10.0% $0  
$9,275 $37,650   $927.50 + 15.0% $9,275  
$37,650 $75,950   $5,183.75 + 25.0% $37,650  
$75,950 $115,725   $14,758.75 + 28.0% $75,950  
$115,725 $206,675   $25,895.75 + 33.0% $115,725  
$206,675 $233,475   $55,909.25 + 35.0% $206,675  
$233,475     $65,289.25 + 39.6% $233,475  

 

If you are married filing jointly, the tax brackets have thresholds that are double that for single individuals: (i) $18,550; (ii) $75,300; (iii) $151,900; (iv) $231,450; (v) $413,350; (vi) $466,950 and (vii) more than $466,950.

 

Table 1 – Married Filing Jointly          
Married Individuals Filing Joint Returns and Surviving Spouses    
               
Over But Not Over Tax is   Rate Of Amount Over
$0 $18,550   0.00 + 10.0% $0  
$18,550 $75,300   1,855.00 + 15.0% $18,550  
$75,300 $151,900   10,367.50 + 25.0% $75,300  
$151,900 $231,450   29,517.50 + 28.0% $151,900  
$231,450 $413,350   51,791.50 + 33.0% $231,450  
$413,350 $466,950   111,818.50 + 35.0% $413,350  
$466,950     130,578.50 + 39.6% $466,950  

 

The tax brackets, if you’re filing as head of household, are the most generous. They are: (i) $13,250; (ii) $50,400; (iii) $130,150; (iv) $210,800; (v) $413,350; (vi) $441,000 and (vii) more than $441,000.

 

Table 2 – Head of Household          
               
Over But Not Over Tax is   Rate Of Amount Over
$0 $13,250   0.00 + 10.0% $0  
$13,250 $50,400   1,325.00 + 15.0% $13,250  
$50,400 $130,150   6,897.50 + 25.0% $50,400  
$130,150 $210,800   26,835.00 + 28.0% $130,150  
$210,800 $413,350   49,417.00 + 33.0% $210,800  
$413,350 $441,000   116,258.50 + 35.0% $413,350  
$441,000     125,936.00 + 39.6% $441,000  

 

Remember that the tax rates (10%, 15%, 25%, 28%, 33%, 35% and 39.6%) are the same across all filing statuses and that it is only the tax brackets that differ from one status to another.