Mint Money Knowledge Center: Tax brackets 2015

Tax brackets 2015Each year, the IRS adjusts tax provisions for inflation. The tax brackets and rates below apply for the 2015 year, effective on January 1, 2015:
 

Individual Taxpayers

If taxable income is between 0 - $9,225, tax due is 10% of income.
Taxable income: $9,226 - $37,450, tax due: $922.50 + 15% of amount over $9,225.
Taxable income: $37,451 - $90,750, tax due: is $5,156.25 + 25% of amount over $37,450.
Taxable income: $90,751 - $189,300, tax due: $18,481.25 + 28% of amount over $90,750.
Taxable income: $189,301 - $411,500, tax due: $46,075.25 + 33% of amount over $189,300.
Taxable income: $411,501 - $413,200, tax due: $119,401.25 + 35% of amount over $411,500.
Taxable income: $413,201 or more, tax due: $119,996.25 + 39.6% of amount over $413,200.
 

Married Individuals Filing Joint Returns

If taxable income is between 0 - $18,450, tax due is 10% of income.
Taxable income: $18,451 - $74,900, tax due: $1,845 + 15% of amount over $18,450.
Taxable income: $74,901 - $151,200, tax due: $10,312.50 + 25% of amount over $74,900.
Taxable income: $151,201 - $230,450, tax due: $29,387.50 + 28% of amount over $151,200.
Taxable income: $230,451 - $411,500, tax due: $51,577.50 + 33% of amount over $230,450.
Taxable income: $411,501 - $464,850, tax due: $111,324 + 35% of amount over $411,550.
Taxable income: $464,850 or more, tax due: $129,996.50 + 39.6% of amount over $464,850.
 

Heads of Household

If taxable income is between 0 - $13,150 tax due is 10% of income.
Taxable income: $13,151 - $50,200, tax due: $1,315 + 15% of amount over $13,150.
Taxable income: $50,201 - $129,600, tax due: $6,872.50 + 25% of amount over $50,200.
Taxable income: $129,601 - $209,850, tax due: $26,772.50 + 28% of amount over $129,600.
Taxable income: $209,851 - $411,500, tax due: $49,192.50+ 33% of amount over $209,850.
Taxable income: $411,501 - $439,000, tax due: $115,737 + 35% of amount over $411,500.
Taxable income: $439,001 or more, tax due: $125,362 + 39.6% of amount over $439,000.

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