The Individual Income Tax

The Individual Income Tax

These marginal tax rates for a single taxpayer in 2003, 2004, and 2005 are listed below.

Federal Income Tax Rates: 2005
On Taxable Income . . .
The Tax Rate is . . .
Up to $7,300
10%
From $7,300 to $29,700
15%
From $29,700 to $71,950
25%
From $71,950 to $150,150
28%
From $150,150 to $326,450
33%
Over $326,450
35%
This table shows the marginal tax rates for an unmarried taxpayer. The taxes owed by a taxpayer depend on the marginal tax rates up to his or her income. For example, a taxpayer with income of $26,000 pays 10 percent of the first $7,300 of income, and then 15 percent of the rest.

Federal Income Tax Rates: 2004
On Taxable Income . . .
The Tax Rate is . . .
Up to $7,150
10%
From $7,150 to $29,050
15%
From $29,050 to $70,350
25%
From $70,350 to $146,750
28%
From $146,750 to $319,100
33%
Over $319,100
35%
This table shows the marginal tax rates for an unmarried taxpayer. The taxes owed by a taxpayer depend on the marginal tax rates up to his or her income. For example, a taxpayer with income of $26,000 pays 10 percent of the first $7,150 of income, and then 15 percent of the rest.

Federal Income Tax Rates: 2003
On Taxable Income . . .
The Tax Rate is . . .
Up to $7,000
10%
From $7,000 to $28,400
15%
From $28,400 to $68,800
25%
From $68,800 to $143,500
28%
From $143,500 to $311,950
33%
Over $311,950
35%
This table shows the marginal tax rates for an unmarried taxpayer. The taxes owed by a taxpayer depend on the marginal tax rates up to his or her income. For example, a taxpayer with income of $26,000 pays 10 percent of the first $7,000 of income, and then 15 percent of the rest.

Source: U.S. Internal Revenue Service
http://www.irs.gov