- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Your tax bracket is what your taxable income on the 1040 line 11b will be after adding all taxable income.
Tax rate | Single filers | Married filing jointly* | Married filing separately | Head of household |
---|---|---|---|---|
10% | $0 – $9,700 | $0 – $19,400 | $0 – $9,700 | $0 – $13,850 |
12% | $9,701 – $39,475 | $19,401 – $78,950 | $9,701 – $39,475 | $13,851 – $52,850 |
22% | $39,476 – $84,200 | $78,951 – $168,400 | $39,476 – $84,200 | $52,851 – $84,200 |
24% | $84,201 – $160,725 | $168,401 – $321,450 | $84,201 – $160,725 | $84,201 – $160,700 |
32% | $160,726 – $204,100 | $321,451 – $408,200 | $160,726 – $204,100 | $160,701 – $204,100 |
35% | $204,101 – $510,300 | $408,201 – $612,350 | $204,101 – $306,750 | $204,101 – $510,300 |
37% | $510,301 or more | $612,351 or more | $306,751 or more | $510,301 or more |
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
June 4, 2020
12:17 PM