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Facts and Figures 2012: Selected Federal Rates 2012

Facts and Figures 2012: Selected Federal Rates 2012

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Published by Tax Foundation
Selected Federal Rates 2012
Individual Income Tax Married Filing Jointly (a) Rates Brackets 10% > $0 15% > $17,400 25% > $70,700 28% > $142,700 33% > $217,450 35% > $388,350 Single Rates Brackets 10% > $0 15% > $8,700 25% > $35,350 28% > $85,650 33% > $178,650 35% > $388,350 Head of Household Rates Brackets 10% > $0 15% > $12,400 25% > $47,350 28% > $122,300 33% > $198,050 35% > $388,350 Social Security and Medicare Payroll Tabs (b) 15.3% > $0 2.9% > $110,100 Corporate Income Tax Rates Brackets
Selected Federal Rates 2012
Individual Income Tax Married Filing Jointly (a) Rates Brackets 10% > $0 15% > $17,400 25% > $70,700 28% > $142,700 33% > $217,450 35% > $388,350 Single Rates Brackets 10% > $0 15% > $8,700 25% > $35,350 28% > $85,650 33% > $178,650 35% > $388,350 Head of Household Rates Brackets 10% > $0 15% > $12,400 25% > $47,350 28% > $122,300 33% > $198,050 35% > $388,350 Social Security and Medicare Payroll Tabs (b) 15.3% > $0 2.9% > $110,100 Corporate Income Tax Rates Brackets

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Published by: Tax Foundation on Feb 24, 2012
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02/27/2013

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Individual Income Tax Select Federal Excise Taxes

Married Filing Jointly (a) Rate
Rates Brackets 18.4¢/gal.
10% > $0 Distilled Spirits $13.50/proof gal.
15% > $17,400 $1.07/gal.
25% > $70,700 Beer $18/barrel
28% > $142,700 Cigarettes $50.33/1000
33% > $217,450 Cigars $50.33/1000
35% > $388,350 Pipe Tobacco $2.8311/lb.
Single Pistols & Revolvers 10%
Rates Brackets Other firearms 11%
10% > $0 Ammunition 11%
15% > $8,700 Indoor Tanning 10%
25% > $35,350
28% > $85,650
33% > $178,650
35% > $388,350
Head of Household
Rates Brackets
10% > $0
15% > $12,400
25% > $47,350
28% > $122,300
33% > $198,050
35% > $388,350
15.3% > $0
2.9% > $110,100
Corporate Income Tax
Rates Brackets
15% > $0
25% > $50,000
34% > $75,000
39% > $100,000
34% > $335,000
35% > $10,000,000
38% > $15,000,000
35% > $18,333,333
Item
Gasoline
Wine
(b) These are total payroll tax rates, which
are split evenly between employer and
employee (7.65% each). At the time of
publication, a payroll tax reduction is in effect
through February 2012, during which time
the rate is 13.3% (5.65% employee and
7.65% employer).
(a) Bracket widths for filers who are married
filing separetately are half those of married
filing jointly.
Social Security and Medicare
Payroll Tabs (b)
Source: Tax Foundation, Internal Revenue
service, Commerce Clearinghouse.
Selected Federal Rates

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