What is the 2015 tax rate for single filers?

What is the 2015 tax rate for single filers?

Table 1. 2015 Taxable Income Brackets and Rates Rate Single Filers Married Joint Filers Head of Household Filers 10% $0 to $9,225 $0 to $18,450 $0 to $13,150 15% $9,225 to $37,450 $18,450 to $74,900 $13,150 to $50,200 25% $37,450 to $90,750 $74,900 to $151,200 $50,200 to $129,600

What are the income limits for the 2015 tax season?

Estimated Income Tax Brackets and Rates In 2015, the income limits for all brackets and all filers will be adjusted for inflation and will be as seen in Table 1. The top marginal income tax rate of 39.6 percent will hit taxpayers with taxable income of $413,200 and higher for single filers and $464,850 and higher for married filers.

What are the 2015 tax brackets and rates?

In 2015, the income limits for all brackets and all filers will be adjusted for inflation and will be as seen in Table 1. The top marginal income tax rate of 39.6 percent will hit taxpayers with taxable income of $413,200 and higher for single filers. and $464,850 and higher for married filers. Table 1. 2015 Taxable Income Brackets and Rates. Rate.

Did capital gains taxes jump 13 percent in 2015?

Capital gains taxes did not jump 13 percent in 2015. In 2012, federal capital gains taxes were 15 percent, which was historically low. The rate jumped to 20 percent on January 1, 2013, under the bipartisan ATRA.

What is the standard deduction for 2015 for single person?

Table 2. 2015 Standard Deduction and Personal Exemption Filing Status Deduction Amount Single $ 6,300.00 Married Filing Jointly $ 12,600.00 Head of Household $ 9,250.00

What is the personal exemption amount for 2015?

The personal exemption for 2015 be $4,000. Source: Author’s calculations. PEP and Pease are two provisions in the tax code that increase taxable income for high-income earners. PEP is the phaseout of the personal exemption and Pease (named after former Senator Donald Pease) reduces the value of most itemized deductions once