Federal Income Tax Rates:
Rate |
Single Filers |
Married Joint Filers |
Head of Household Filers |
10% |
$0 to $9,075 |
$0 to $18,150 |
$0 to $12,950 |
15% |
$9,076 to $36,900 |
$18,151 to$73,800 |
$12,951 to $49,400 |
25% |
$36,901 to $89,350 |
$73,801 to $148,850 |
$49,401 to $127,550 |
28% |
$89,351 to $186,350 |
$148,851 to $226,850 |
$127,551 to $206,600 |
33% |
$186,351 to $405,100 |
$226,851 to $405,100 |
$206,601 to $405,100 |
35% |
$405,101 to 406,750 |
$405,101 to 457,600 |
$405,101 to $432,200 |
39.6% |
$406,751+ |
$457,601+ |
$432,201+ |
California Income Tax Rates:
For single and married filing separately taxpayers:
A 1 percent surcharge, the Mental Health Services Tax, is collected on taxable incomes of $1 million or more, making California's highest marginal rate 13.30 percent.
For married persons filing joint returns and heads of households, the rates remain the same but the income brackets are doubled.
HAVE A CPA ON YOUR SIDE!
Call Us for Additional Information at (310) 444-3041