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.
What are the income limits for 2015 tax returns?
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.
Where can I find the 2015 tax tables from the IRS?
TAX TABLES 2015 Department of the Treasury Internal Revenue Service IRS.gov This booklet contains Tax Tables from the Instructions for Form 1040 only. NOTE: THIS BOOKLET DOES NOT CONTAIN TAX FORMS
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 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
When do the 2015-16 Income Tax Instalments tables take effect?
These income tax instalments tables for the 2015-16 year take effect from 1 July 2015. These tables do not apply after 30 June 2016. Depending on the pay dates, some employers will have an extra payday within the 2015-16 financial year – resulting in 27 fortnightly or 53 weekly pays falling within the financial year 2015-16.