M. Randall Branch CPA, PC

Making Life Less Taxing

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USEFUL INFORMATION

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2010 Tax Rate Schedules

 

Summary: The Tax Rate Schedules are shown so you can see the tax rate that applies to all levels of taxable income. Do not use them to figure your actual tax liability.

Single

If your taxable income is: Over-

But not over-

The tax is:

$0

$8,375

10% of the amount over $0

8,375

34,000

$837.50 plus 15% of the amount over 8,375

34,000

82,400

4,681.25 plus 25% of the amount over 34,000

82,400

171,850

16,781.25 plus 28% of the amount over 82,400

171,850

373,650

41,827.25 plus 33% of the amount over 171,850

373,650

no limit

108,421.25 plus 35% of the amount over 373,650

Married filing jointly or Qualifying widow(er)

If your taxable income is: Over-

But not over-

The tax is:

$0

16,750

10% of the amount over $0

16,750

68,000

$1,675.00 plus 15% of the amount over 16,750

68,000

137,300

9,362.50 plus 25% of the amount over 68,000

137,300

209,250

26,687.50 plus 28% of the amount over 137,300

209,250

373,650

46,833.50 plus 33% of the amount over 209,250

373,650

no limit

101,085.50 plus 35% of the amount over 373,650

Married filing separately

If your taxable income is: Over-

But not over-

The tax is:

$0

8,375

10% of the amount over $0

8,375

34,000

$837.50 plus 15% of the amount over 8,375

34,000

68,650

4,681.25 plus 25% of the amount over 34,000

68,650

104,625

13,343.75 plus 28% of the amount over 68,650

104,625

186,825

23,416.75 plus 33% of the amount over 104,625

186,825

no limit

50,542.75 plus 35% of the amount over 186,825

Head of household

If your taxable income is: Over-

But not over-

The tax is:

$0

11,950

10% of the amount over $0

11,950

45,550

$1,195.00 plus 15% of the amount over 11,950

45,550

117,650

6,235.00 plus 25% of the amount over 45,550

117,650

190,550

24,260.00 plus 28% of the amount over 117,650

190,550

373,650

44,672.00 plus 33% of the amount over 190,550

373,650

no limit

105,095.00 plus 35% of the amount over 373,650

Mileage Rates for 2010 are:

Business

  • 2010 - 50.0 cents per mile

Charitable

  • 2010 – 14 cents per mile

Medical Care  

  • 2010 - 16.5 cents per mile

Moving Expense

  • 2010 - 16.5 cents per mile