 |
SINGLE FILING STATUS
-
10% on income between $0 and $8,025
-
15% on the income between $8,025 and
$32,550; plus $802.50
-
25% on the income between $32,550 and
$78,850; plus $4,481.25
-
28% on the income between $78,850 and
$164,550; plus $16,056.25
-
33% on the income between $164,550 and
$357,700; plus $40,052.25
-
35% on the income over $357,700; plus
$103,791.75
MARRIED FILING JOINTLY
-
10% on the income between $0 and $16,050
-
15% on the income between $16,050 and
$65,100; plus $1,605.00
-
25% on the income between $65,100 and
$131,450; plus $8,962.50
-
28% on the income between $131,450 and
$200,300; plus $25,550.00
-
33% on the income between $200,300 and
$357,700; plus $44,828.00
-
35% on the income over $357,700; plus
$96,770.00
MARRIED FILING SEPARATELY FILING STATUS
-
10% on the income between $0 and $8,025
-
15% on the income between $8,025 and
$32,550; plus $802.50
-
25% on the income between $32,550 and
$65,725; plus $4,481.25
-
28% on the income between $65,725 and
$100,150; plus $12,775.00
-
33% on the income between $100,150 and
$178,850; plus $22,414.00
-
35% on the income over $178,850; plus
$48,385.00
HEAD OF HOUSEHOLD FILING STATUS
-
10% on the income between $0 and $11,450
-
15% on the income between $11,450 and
$43,650; plus $1,145.00
-
25% on the income between $43,650 and
$112,650; plus $5,975.00
-
28% on the income between $112,650 and
$182,400; plus $23,225.00
-
33% on the income between $182,400 and
$357,700; plus $42,755.00
-
35% on the income over $357,700; plus
$100,604.00
CAPITAL GAINS TAX RATES
|
TYPE OF CAPITAL ASSET |
HOLDING PERIOD |
TAX RATE
|
|
Short-term capital gains (STCG) |
One year or less |
Ordinary income tax rates up to
35% |
|
Long-term capital gains (LTCG) |
More than one year |
5%
for taxpayers in the 10% and 15%
tax brackets (zero percent
starting in 2008) |
|
|
|
15%
for taxpayers in the 25%, 28%,
33%, and 35% tax brackets |
CORPORATE INCOME TAX RATES
|
TAXABLE INCOME OVER |
NOT OVER |
TAX RATE |
|
$0 |
$50,000 |
15% |
|
50,000 |
75,000 |
25%
|
|
75,000 |
100,000 |
34% |
|
100,000 |
335,000 |
39% |
|
335,000 |
10,000,000 |
34% |
|
10,000,000 |
15,000,000 |
35% |
|
15,000,000 |
18,333,333 |
38% |
|
18,333,333 |
.......... |
35% |
CONTACT US
To
speak to a
Houston tax attorney, please
contact us
here or call us at
713.650.9700.
Home l
About Us l
Disclaimer
l Contact
l Site Map
Houston l
The Woodlands |
