# What was the tax rate in 2013?

## What was the tax rate in 2013?

2013 Tax Brackets and Rates

Single Married Filing Jointly
10% \$0 to \$8,925 \$0 to \$17,850
15% \$8,926 to \$36,250 \$17,851 to \$72,500
25% \$36,251 to \$87,850 \$72,501 to \$146,400
28% \$87,851 to \$183,250 \$146,401 to \$223,050

What was the tax rate in 2014?

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Tax rate Single filer Married filing jointly or qualifying widow/widower
10% Up to \$9,075 Up to \$18,150
15% \$9,076 to \$36,900 \$18,151 to \$73,800
25% \$36,901 to \$89,350 \$73,801 to \$148,850
28% \$89,351 to \$186,350 \$148,851 to \$226,850

What are the tax brackets by age?

Marginal and Average Income Tax Rates by Age

Age (lower bound) Marginal Rate (All \$ amounts) Income Tax (thousands)
20 18.5 7983.
25 22.3 35972.
30 24.7 65702.
35 26.1 90720.

### What was the standard deduction for 2013?

Standard Deduction Rates. The applicable standard deduction rates for 2013 are \$12,200 for married taxpayers filing jointly; \$8,950 for head of household; \$6,100 for individual taxpayers and \$6,100 for married taxpayers filing separate.

What was the tax rate in the 2010s?

How We Make Money

Tax rate Single filers Married filing jointly or qualifying widow/widower
10% Up to \$8,375 Up to \$16,750
15% \$8,376 – \$34,000 \$16,751 – \$68,000
25% \$34,001 – \$82,400 \$68,001 – \$137,300
28% \$82,401 – \$171,850 \$137,301 – \$209,250

What was the tax rate for 2016?

Taxpayers fall into one of seven 2016 tax brackets, depending on their taxable income: 10%, 15%, 25%, 28%, 33%, 35% or 39.6%….How We Make Money.

Tax rate Single Head of household
10% \$0 to \$18,550 \$0 to \$9,275
15% \$18,551 to \$75,300 \$9,276 to \$37,650
25% \$75,301 to \$151,900 \$37,651 to \$75,950

## What was the standard deduction 2014?

The standard deduction will increase by \$100 from \$6,100 to \$6,200 for singles (Table 2). For married couples filing jointly, it will increase by \$200 from \$12,200 to \$12,400….Standard Deduction and Personal Exemption.

Filing Status Deduction Amount
Personal Exemption \$3,950.00

What was the tax rate in 2015?

How We Make Money

Tax rate Single Head of household
10% Up to \$9,225 Up to \$13,150
15% \$9,226 to \$37,450 \$13,151 to \$50,200
25% \$37,451 to \$90,750 \$50,201 to \$129,600
28% \$90,751 to \$189,300 \$129,601 to \$209,850

Does tax rate change with age?

Older people get a bigger standard deduction, and they can earn more before they have to file a tax return at all. Once you turn 50, and especially after age 65, you can qualify for extra tax breaks. Older people get a bigger standard deduction, and they can earn more before they have to file a tax return at all.

### Which age group pays the most tax?

The largest share of the income tax burden – 29 percent – is borne by filers between the age of 45 and 55, with the next largest share – 23 percent – being borne by tax filers between the ages of 55 and 65, those nearing retirement. Interestingly, this group has the lowest percentage of non-payers, just 21 percent.

What was the standard deduction for 2014?

What was the standard deduction for 2012?

Standard Deduction Amounts

Year Married filing jointly and surviving spouses Single filers
2012 \$11,900 \$5,950
2013 \$12,200 \$6,100
2014 \$12,400 \$6,200
2015 \$12,600 \$6,300

## What is the IRS Income Tax rate?

Income Tax Brackets and Rates. In 2019, the income limits for all tax brackets and all filers will be adjusted for inflation and will be as follows (Tables 1). The top marginal income tax rate of 37 percent will hit taxpayers with taxable income of \$510,300 and higher for single filers and \$612,350 and higher for married couples filing jointly.

What are the IRS federal tax brackets?

There are seven federal tax brackets for the 2020 tax year: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Your bracket depends on your taxable income and filing status. These are the rates for taxes due in…

What are individual tax rates?

Personal income tax rates. For individuals, the top income tax rate for 2021 is 37%, except for long-term capital gains and qualified dividends (discussed below). P.L. 115-97 reduced both the individual tax rates and the number of tax brackets.

### What are the IRS tax tables?

Filing status (single,married filing separately,married filing jointly,or head of household)

• Applicable tax deductions and credits
• Exemptions
• The amount of income earned in a given tax year