2005 INCOME TAX RATES

FEDERAL: Income Level_____ __…………………………….................………………………….….Tax Bracket

Single …………………………….........………… Married______

$ 0-$ 7,300……………………….………...…$...... 0-$ 14,600…….……………………………....10%

$ 7,300-$ 29,700……........……………….…$14,600-$59,400………..……………………….….15%

$ 29,700-$ 71,950…………………………….$ 59,400-$119,950….…………………….………..25%

$ 71,950-$150,150…………………………....$119,950-$182,800……………….……………….28%

$150,150-$326,450……... ………………...…$182,800-$326,450……………………………… 33%

$326,450 and over…………….. …………….$326,450 and over…………………………….. 35%


CALIFORNIA: ……… Income Level__ ______……………………………….…………………Tax Bracket
 
 

Single …………….. ………………………Married

$ .....0-$ 6,319…………………………… $ 0-$ 12,638 ………………………………………….1%

$ 6,319-$ 14,979…………………… $ 12,638-$ 29,958………………………………………… 2%

$ 14,979-$ 23,641………………….. $ 29,958-$ 47,282 …………………………………………4%

$ 23,641-$ 32,819………………….. $ 47,282-$ 65,638………………………………………… 6%

$ 32,819-$ 41,476 …………………..$ 65,638-$ 82,952………………………………………… 8%

$ 41,476 and over …………………..$ 82,952 and over ………………………………………9.3%

This is a partial list, contact us for more detailed information.


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