2021 federal individual income tax rate schedules
|
If taxable income is: |
The tax is: |
|
Not over $9,950 |
10% of the taxable income |
|
Over $9,951 but not over $40,525 |
12% of the excess over $9,950 plus $995 |
|
Over $40,125 but not over $86,375 |
22% of the excess over $40,525 plus $4,664 |
|
Over $86,375 but not over $164,925 |
24% of the excess over $86,375 plus $14,751 |
|
Over $164,925 but not over $209,425 |
32% of the excess over $164,925 plus $33,603 |
|
Over $209,425 but not over $523,600 |
35% of the excess over $209,425 plus $47,843 |
|
Over $523,600 |
37% of the excess over $553,600 plus $157,804.25 |
|
If taxable income is: |
The tax is: |
|
Not over $19,900 |
10% of the taxable income |
|
Over $19,901 but not over $81,050 |
12% of the excess over $19,900 plus $1,990 |
|
Over $81,050 but not over $172,750 |
22% of the excess over $81,050 plus $9,328 |
|
Over $172,750 but not over $329,850 |
24% of the excess over $172,750 plus $29,502 |
|
Over $329,850 but not over $418,850 |
32% of the excess over $329,850 plus $67,206 |
|
Over $418,850 but not over $628,300 |
35% of the excess over $418,850 plus $95,686 |
|
Over $628,300 |
37% of the excess over $628,300 plus $168,993.50 |
|
If taxable income is: |
The tax is: |
|
Not over $14,200 |
10% of the taxable income |
|
Over $14,200 but not over $54,200 |
12% of the excess over $14,200 plus $1,420 |
|
Over $54,200 but not over $86,350 |
22% of the excess over $54,200 plus $6,220 |
|
Over $86,350 but not over $164,900 |
24% of the excess over $86,350 plus $13,293 |
|
Over $164,900 but not over $209,400 |
32% of the excess over $164,900 plus $32,145 |
|
Over $209,400 but not over $523,600 |
35% of the excess over $209,400 plus $46,385 |
|
Over $523,600 |
37% of the excess over $523,600 plus $156,355 |
Personal exemption:$0. Standard deduction add-ons: Over 65 and or/blind $1,700 (single or HOH) or $1,350 each for married taxpayers or qualified widow(er).
if blind. Also see deductions and exemption phaseouts for high income individuals.
|
If taxable income is: |
The tax is: |
|
Not over $9,950 |
10% of the taxable income |
|
Over $9,951 but not over $40,525 |
12% of the excess over $9,950 plus $995 |
|
Over $40,526 but not over $86,675 |
22% of the excess over $40,525 plus $4,664 |
|
Over $86,676 but not over $164,925 |
24% of the excess over $86,675 plus $14,751 |
|
Over $164,926 but not over $209,425 |
32% of the excess over $164,925 plus $33,603 |
|
Over $209,426 but not over $314,150 |
35% of the excess over $209,425 plus $47,843 |
|
Over $314,150 |
37% of the excess over $314,150 plus $84,496.75 |
