Federal Income Tax Brackets for 2012
Heres a quick rundown of what the Federal income tax brackets are expected to look like in 2012:
|
Tax Bracket
|
Married Filing Jointly
|
Single
|
|
10% Bracket
|
$0 $17,400
|
$0 $8,700
|
|
15% Bracket
|
$17,400 $70,700
|
$8,700 $35,350
|
|
25% Bracket
|
$70,700 $142,700
|
$35,350 $85,650
|
|
28% Bracket
|
$142,700 $217,450
|
$85,650 $178,650
|
|
33% Bracket
|
$217,450 $388,350
|
$178,650 $388,350
|
|
35% Bracket
|
Over $388,350
|
Over $388,350
|
|
|