2008 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 43 that begin on page 68 of the 2008 1040 Form Instruction Booklet, and utilize the 2008 Federal Income Tax Rate 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

    $8,025

    --------------  10%

    $0

    8,025

    32,550

    $802.50 + 15%

    8,025

    32,550

    78,850

    4,481.25 + 25%

    32,550

    78,850

    164,550

    16,056.25 + 28%

    78,850

    164,550

    357,700

    40,052.25 + 33%

    164,550

    357,700

    -----------

    103,791.75 + 35%

    357,700

     

    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

    $16,050

    --------------  10%

    $0

    16,050

    65,100

    $1,605.00 + 15%

    16,050

    65,100

    131,450

    8962.50 + 25%

    65,100

    131,450

    200,300

    25,550.00 + 28%

    131,450

    200,300

    357,700

    44,828.00 + 33%

    200,300

    357,700

    -----------

    96,770.00 + 35%

    357,700

     

    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

    $8,025

    --------------  10%

    $0

    8,025

    32,550

    $802.50 + 15%

    7,825

    32,550

    65,725

    4,481.25 + 25%

    31,850

    65,725

    100,150

    12,775.00 + 28%

    64,250

    100,150

    178,850

    22,414.00 + 33%

    97,925

    178,850

    -----------

    48,385.00 + 35%

    174,850

     

    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

    $11,450

    --------------  10%

    $0

    11,450

    43,650

    $1,145.00 + 15%

    11,450

    43,650

    112,650

    5,975.00 + 25%

    43,650

    112,650

    182,400

    23,225.00 + 28%

    112,650

    182,400

    357,700

    42,755.00 + 33%

    182,400

    357,700

    -----------

    100,604.00 + 35%

    357,700