2013 tax brackets information

A Look At Tax Brackets In The USA As the deadline for the submission of tax returns to the IRS draws nigh, there has been an increase in the number of people who are searching for information regarding the tax rates and the tax brackets belong to. Now, the bracket that you do belong to is dependent on the amount of money that you will be earning, meaning that you will be allocated a different tax rate depending on the amount of money that is actually in your possession. The brackets that you will fall into will determine the amount of money that you will pay.

In this article, we are going to look at the various categories under which these brackets do fall. Tax Brackets For A Single Man Or Single Woman If you are a single man or a single woman, then the tax brackets will have the lowest tax rate of 10 %. This income is that which falls below 8,700 dollars in a year. If you receive more than this amount but less than 35,500 dollars in a single year, then you can expect to be taxed at a rate of 15 percent for the extra income. When it comes to income that is actually greater than 35,500 dollars but less than 85,650 dollars, then the applicable rate is 25 %. 28 % is the rate applicable to those earning more than 15,650 while 33 % is the amount to be used for amounts that are greater than 178,650.

If the amount is more than 388,350, then the applicable tax rate stands at 35 %. Married People Filing Jointly Imagine a situation whereby you are married, and you do file joint accounts for taxation. How will the total income be arrived at? The Tax Rate The Maximum Limit 10 % 17,400 dollars 15 % 70,700 dollars 25 % 142, 700 dollars 28 % 217, 450 dollars 33 % 388,350 dollars 35 % None Married People Filing Singly Apart from the fact that married people can file jointly, it is also possible for the married people to file singly.

The Tax Rate The Maximum Limit 10 % 8,500 15 % 34,500 25 % 69,675 28 % 106,150 33 % 189,575 35 % None As The Head Of An Household One of the ways through which you can file your tax returns as a married person is by filing a tax return as the head of a household. You will also be subjected to a different tax rate if you file as the head of a household. It is therefore important that you look at these rates for your information.

 Now, the bracket that you do belong to is dependent on the amount of money that you will be earning, meaning that you will be allocated a different tax rate depending on the amount of money that is actually in your possession. If you are a single man or a single woman, then the tax brackets will have the lowest tax rate of 10 %.

If you receive more than this amount but less than 35,500 dollars in a single year, then you can expect to be taxed at a rate of 15 percent for the extra income. 28 % is the rate applicable to those earning more than 15,650 while 33 % is the amount to be used for amounts that are greater than 178,650. If the amount is more than 388,350, then the applicable tax rate stands at 35 %.taxbrackets2013.com  will provide more information.