2012 federal individual income tax rate schedules
If taxable income is: |
The tax is: |
Not over $8,700 |
10% of the taxable income |
Over $8,700 but not over $35,350 |
15% of the excess over $8,700 plus $870 |
Over $35,350 but not over $85,650 |
25% of the excess over $35,350 plus $4,867.50 |
Over $85,650 but not over $178,650 |
28% of the excess over $85,650 plus $17,442.50 |
Over $178,650 but not over $388,350 |
33% of the excess over $178,650 plus $43,482.50 |
Over $388,350 |
35% of the excess over $388,350 plus $112,683.50 |
If taxable income is: |
The tax is: |
Not over $8,700 |
10% of the taxable income |
Over $8,700 but not over $35,350 |
15% of the excess over $8,700 plus $870 |
Over $35,350 but not over $71,350 |
25% of the excess over $35,350 plus $4,867.50 |
Over $71,350 but not over $108,725 |
28% of the excess over $71,350 plus $13,867.50 |
Over $108,725 but not over $194,175 |
33% of the excess over $108,725 plus $24,332.50 |
Over $194,175 |
35% of the excess over $194,175 plus $52,531 |
If taxable income is: |
The tax is: |
Not over $17,400 |
10% of the taxable income |
Over $17,400 but not over $70,700 |
15% of the excess over $17,400 plus $1,740 |
Over $70,700 but not over $142,700 |
25% of the excess over $70,700 plus $9,735 |
Over $142,700 but not over $217,450 |
28% of the excess over $142,700 plus $27,735 |
Over $217,450 but not over $388,350 |
33% of the excess over $217,450 plus $48,665 |
Over $388,350 |
35% of the excess over $388,350 plus $105,062 |
If taxable income is: |
The tax is: |
Not over $12,400 |
10% of the taxable income |
Over $12,400 but not over $47,350 |
15% of the excess over $12,400 plus $1,240 |
Over $47,350 but not over $122,300 |
25% of the excess over $47,350 plus $6,482.50 |
Over $122,300 but not over $198,050 |
28% of the excess over $122,300 plus $25,220 |
Over $198,050 but not over $388,350 |
33% of the excess over $198,050 plus $46,430 |
Over $388,350 |
35% of the excess over $388,350 plus $109,229 |