2005 Federal Income Tax Rates

The Tax Rate Schedules from the Internal Revenue Service are shown so you can see the tax rate that applies to all levels of taxable income. Do not use them to figure your tax. Instead, see the instructions for line 44 that begin on page 37 of the 2005 1040 Form Instruction Booklet, and utilize the 2005 Federal Income Tax Table as a guideline to determine taxable income and filing status.

Schedule X - If your filing status is Single

If your taxable income is:		The tax is:
Over:	But not over:		Of the amount over:
$0	$7,300	-------------- 10%	$0
7,300	29,700	$730.00 + 15%	7,300
29,700	71,950	4,090.00 + 25%	29,700
71,950	150,150	14,652.50 + 28%	71,950
150,150	326,450	36,548.50 + 33%	150,150
326,450	-----------	94,727.50 + 35%	326,450

Schedule Y-1 - If your filing status is Married Filing Jointly or Qualifying Widow(er)

If your taxable income is:		The tax is:
Over:	But not over:		Of the amount over:
$0	$14,600	-------------- 10%	$0
14,600	59,400	$1,460.00 + 15%	14,600
59,400	119,950	8,180.00 + 25%	59,400
119,950	182,800	23,317.50 + 28%	119,950
182,800	326,450	40,915.50 + 33%	182,800
326,450	-----------	88,320.00 + 35%	326,450

Schedule Y-2 - If your filing status is Married Filing Separately

If your taxable income is:		The tax is:
Over:	But not over:		Of the amount over:
$0	$7,300	-------------- 10%	$0
7,300	29,700	$730.00 + 15%	7,300
29,700	59,975	4,090.00 + 25%	29,700
59,975	91,400	11,658.75 + 28%	59,975
91,400	163,225	20,457.75 + 33%	91,400
163,225	-----------	44,160.00 + 35%	163,225

Schedule Z—If your filing status is Head of household

If your taxable income is:		The tax is:
Over:	But not over:		Of the amount over:
$0	$10,450	-------------- 10%	$0
10,450	39,800	$1,045.00 + 15%	10,450
39,800	102,800	5,447.50 + 25%	39,800
102,800	166,450	21,197.50 + 28%	102,800
166,450	326,450	39,019.50 + 33%	166,450
326,450	-----------	91,819.50 + 35%	326,450