2006 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 36 of the 2006 1040 Form Instruction Booklet, and utilize the 2006 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

    $7,550

    --------------  10%

    $0

    7,550

    30,650

    $755.00 +  15%

    7,550

    30,650

    74,200

    4,220.00 + 25%

    30,650

    74,200

    154,800

    15,107.50 + 28%

    74,200

    154,800

    336,550

    37,675.50 + 33%

    154,800

    336,550

    -----------

    97,653.00 + 35%

    336,550

     

    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

    $15,100

    --------------  10%

    $0

    15,100

    61,300

    $1,510.00 +  15%

    15,100

    61,300

    123,700

    8,440.00 + 25%

    61,300

    123,700

    188,450

    24,040.50 + 28%

    123,700

    188,450

    336,550

    42,170.00 + 33%

    188,450

    336,550

    -----------

    91,043.00 + 35%

    336,550

     

    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

    $7,550

    --------------  10%

    $0

    7,550

    30,650

    $755.00 +  15%

    7,550

    30,650

    61,850

    4,220.00 + 25%

    30,650

    61,850

    94,225

    12,020.00 + 28%

    61,850

    94,225

    168,275

    21,085.00 + 33%

    94,225

    168,275

    -----------

    45,521.50 + 35%

    168,275

     

     

     

     

     

    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

    $10,750

    --------------  10%

    $0

    10,750

    41,050

    $1,075.00 +  15%

    10,750

    41,050

    106,000

    5,620.00 + 25%

    41,050

    106,000

    171,650

    21,857.50 + 28%

    106,000

    171,650

    336,550

    40,239.50 + 33%

    171,650

    336,550

    -----------

    94,656.50 + 35%

    336,550