2009 IRS Tax Brackets

Reading this article will help you estimate your tax bracket and better plan your finances.

The IRS employs a progressive tax meaning that as your income increases the percentage of your income witheld by the IRS also increases.

The IRS tax rates listed below only apply against their specified taxable income range. Numerous adjustments and deductions, such as the standard deduction and personal exemption, all decrease your taxable income. For the vast majority of people taxable income is always lower than total income.

Single
If taxable income is over—
but not over—
the tax is:
$0
$8,350
10% of the amount over $0
$8,350
$33,950
$835 plus 15% of the amount over $8,350
$33,950
$82,250
$4,675 plus 25% of the amount over $33,950
$82,250
$171,550
$16,750 plus 28% of the amount over $82,250
$171,550
$372,950
$41,754 plus 33% of the amount over $171,550
$372,950
no limit
$108,216 plus 35% of the amount over $372,950
Married Filing Jointly or Qualifying Widow (Widower)
If taxable income is over—
but not over—
the tax is:
$0
$16,700
10% of the amount over $0
$16,700
$67,900
$1,670 plus 15% of the amount over $16,700
$67,900
$137,050
$9,350 plus 25% of the amount over $67,900
$137,050
$208,850
$26,637.50 plus 28% of the amount over $137,050
$208,850
$372,950
$46,741.50 plus 33% of the amount over $208,850
$372,950
no limit
$100,894.50 plus 35% of the amount over $372,950
Married Filing Separately
If taxable income is over—
but not over—
the tax is:
$0
$8,350
10% of the amount over $0
$8,350
$33,950
$835 plus 15% of the amount over $8,350
$33,950
$68,525
$4,675 plus 25% of the amount over $33,950
$68,525
$104,425
$13,318.75 plus 28% of the amount over $68,525
$104,425
$186,475
$23,370.75 plus 33% of the amount over $104,425
$186,475
no limit
$50,447.25 plus 35% of the amount over $186,475
Head of Household
If taxable income is over—
but not over—
the tax is:
$0
$11,950
10% of the amount over $0
$11,950
$45,500
$1,195.00 plus 15% of the amount over $11,950
$45,500
$117,450
$6,227.50 plus 25% of the amount over $45,500
$117,450
$190,200
$24,215.00 plus 28% of the amount over $117,450
$190,200
$372,950
$44,585.00 plus 33% of the amount over $190,200
$372,950
no limit
$104,892.50 plus 35% of the amount over $372,950

You can use the IRS tax rate schedule to help calculate many of the specifics related to your finances. For example, a taxpayer with a filing status of "single" in the 28% tax bracket will have 28 cents of IRS tax witheld for every dollar earned between $82,250 and $171,550. Additionally, with the tax rate schedule you can calculate your tax savings for money spent on tax-deductible expenses such as charitable contributions and mortgage interest. For instance, a taxpayer with a filing status of "single" in the 28% tax bracket will save 28 cents for every dollar of mortgage interest paid.

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