2012 Federal Income Tax Brackets
Find out your 2012 federal income tax bracket with user friendly IRS tax tables for married individuals filing joint returns, heads of households, unmarried individuals, married individuals filing separate returns, and estates and trusts.1
Married Individuals Filing Joint Returns, & Surviving Spouses
Taxable Income | 2012 Tax |
Not over $17,400 | 10% of the taxable income |
Over $17,400 but not over $70,700 | $1,740 plus 15% of the excess over $17,400 |
Over $70,700 but not over $142,700 | $9,735 plus 25% of the excess over $70,700 |
Over $142,700 but not over $217,450
| $27,735 plus 28% of the excess over $142,700 |
Over $217,450 but not over $388,350
| $48,665 plus 33% of the excess over $217,450 |
Over $388,350
| $105,062 plus 35% of the excess over $388,350 |
Heads of Households
Taxable Income | 2012 Tax |
Not over $12,400 | 10% of the taxable incom |
Over $12,400 but not over $47,350
| $1,240 plus 15% of the excess over $12,400 |
Over $47,350 but not over $122,300
| $6,482.50 plus 25% of the excess over $47,350 |
Over $122,300 but not over $198,050
| $25,220 plus 28% of the excess over $122,300 |
Over $198,050 but not over $388,350
| $46,430 plus 33% of the excess over $198,050 |
Over $388,350
| $109,229 plus 35% of the excess over $388,350 |
Unmarried Individuals (other than surviving spouses and heads of households)
Taxable Income | 2012 Tax |
Not over $8,700 | 10% of the taxable income |
Over $8,700 but not over $35,350 | $870 plus 15% of the excess over $8,700 |
Over $35,350 but not over $85,650 | $4,867.50 plus 25% of the excess over $35,350 |
Over $85,650 but not over $178,650 | $17,442.50 plus 28% of the excess over $85,650 |
Over $178,650 but not over $388,350 | $43,482.50 plus 33% of the excess over $178,650 |
Over $388,350 | $112,683.50 plus 35% of the excess over $388,350 |
Married Individuals Filing Separate Returns
Taxable Income | 2012 Tax |
Not over $8,700 | 10% of the taxable income |
Over $8,700 but not over $35,350 | $870 plus 15% of the excess over $8,700 |
Over $35,350 but not over $71,350
| $4,867.50 plus 25% of the excess over $35,350 |
Over $71,350 but not over $108,725
| $13,867.50 plus 28% of the excess over $71,350 |
Over $108,725 but not over $194,175
| $24,332.50 plus 33% of the excess over $108,725 |
Over $194,175
| $52,531 plus 35% of the excess over $194,175 |
Estates & Trusts
Taxable Income | 2012 Tax |
Not over $2,400 | 15% of the taxable income |
Over $2,400 but not over $5,600 | $360 plus 25% of the excess over $2,400 |
Over $5,600 but not over $8,500
| $1,160 plus 28% of the excess over $5,600 |
Over $8,500 but not over $11,650
| $1,972 plus 33% of the excess over $8,500 |
Over $11,650
| $3,011.50 plus 35% of the excess over $11,650 |
Planning Tip
When looking at your federal income tax bracket, pay attention first to your last bracket. Why? That’s where you start to pocket cash when you find a new or additional tax deduction.
Example. You are married. You and your spouse have taxable income of $110,000. That puts the two of you in the 25 percent federal income tax bracket. If you can find $10,000 in new deductions, you pocket $2,500.
To find more practical tax strategies, we suggest that you read the monthly articles published online at the Bradford Tax Institute. We provide cutting-edge tax information for the self-employed, the one owner business, and the husband and wife owned business.
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1 Rev. Proc. 2011-52.
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