The individual tax rate schedules should only be used to calculate your Federal tax if your taxable income is over $100,000. If your taxable income is under $100,000, use the IRS tax tables or my tax calculator . The IRS provides the following tables to assist taxpayers in understanding how their tax is calculated.

Single At least: But not over:         The tax is:         of the amount over $ 0 $ 8,025 $ 0 + 10.0% $ 0 8,025 32,550 802.50 + 15.0% 8,025 32,550 78,850 4,481.25 + 25.0% 32,550 78,850 164,550 16,056.25 + 28.0% 78,850 164,550 357,700 40,052.25 + 33.0% 164,550 357,700 --- 103,791.75 + 35.0% 357,700 Married filing jointly or Qualifying widow(er) At least: But not over:         The tax is:         of the amount over $ 0 $ 16,050 $ 0 + 10.0% $ 0 16,050 65,100 1,605.00 + 15.0% 16,050 65,100 131,450 8,962.50 + 25.0% 65,100 131,450 200,300 25,550.00 + 28.0% 131,450 200,300 357,700 44,828.00 + 33.0% 200,300 357,700 --- 96,770.00 + 35.0% 357,700 C Corporations (Form 1120) At least: But not over:         The tax is:         of the amount over $ 0 $ 50,000 $ 0 + 15% $ 0 50,000 75,000 7,500.00 + 25% 50,000 75,000 100,000 13,750.00 + 34% 75,000 100,000 335,000 22,250.00 + 39% 100,000 335,000 10,000,000 113,900.00 + 34% 335,000 10,000,000 15,000,000 3,400,000.00 + 35% 10,000,000 15,000,000 18,333,333 5,150,000.00 + 38% 15,000,000 18,333,333 --- 0 + 35% 0 Fiduciary/Estate (Form 1041) At least: But not over:         The tax is:         of the amount over $ 0 $ 2,200 $ 0 + 15.0% $ 0 2,200 5,150 330.00 + 25.0% 2,200 5,150 7,850 1,067.50 + 28.0% 5,150 7,850 10,700 1,823.50 + 33.0% 7,850 10,700 --- 2,764.00 + 35.0% 10,700