Federal Tax Rates

According to one survey, 45% of Americans say they pay too much in income taxes.

Source: Gallup, 2019

These figures are for the 2020 tax year. Find your rate below.

Schedule X – Single

If taxable income is over:

$0

$9,875

$40,125

$85,525

$163,300

$207,350

$518,400

But not over:

$9,875

$40,125

$85,525

$163,300

$207,350

$518,400

No Limit

The tax is:

10% of taxable income

$987.50 plus 12% of the amount over $9,875

$4,617.50 plus 22% of the amount over $40,125

$14,605.50 plus 24% of the amount over $85,525

$33,271.50 plus 32% of the amount over $163,300

$47,367.50 plus 35% of the amount over $207,350

$156,235.00 plus 37% of the amount over $518,400

Schedule Y-1 – Married Filing Jointly or Qualifying Widow(er)

If taxable income is over:

$0

$19,750

$80,250

$171,050

$326,600

$414,700

$622,050

But not over:

$19,750

$80,250

$171,050

$326,600

$414,700

$622,050

no limit

The tax is:

10% of taxable income

$1,975.00 plus 12% of the amount over $19,750

$9,235.00 plus 22% of the amount over $80,250

$29,211.00 plus 24% of the amount over $171,050

$66,543.00 plus 32% of the amount over $326,600

$94,735.00 plus 35% of the amount over $414.700

$167,307.50 plus 37% of the amount over $622,050

Schedule Y-2 – Married Filing Separately

If taxable income is over:

$0

$9,875

$40,125

$85,525

$163,300

$207,350

$311,025

But not over:

$9,875

$40,125

$85,525

$163,300

$207,350

$311,025

no limit

The tax is:

10% of taxable income

$987.50 plus 12% of the amount over $9,875

$4,617.50 plus 22% of the amount over $40,125

$14,605.50 plus 24% of the amount over $85,525

$33,271.50 plus 32% of the amount over $163,300

$47,367.50 plus 35% of the amount over $207,350

$83,653.75 plus 37% of the amount over $311,025

Schedule Z – Head of Household

If taxable income is over:

$0

$14,100

$53,700

$85,500

$163,300

$207,350

$518,400

But not over:

$14,100

$53,700

$85,500

$163,300

$207,350

$518,400

no limit

The tax is:

10% of taxable income

$1410.00 plus 12% of the amount over $14,100

6,162.00 plus 22% of the amount over $57,300

$13,158.00 plus 24% of the amount over $85,500

$31,830.00 plus 32% of the amount over $163,300

$45,926.00 plus 35% of the amount over $207,350

$154,793.50 plus 37% of the amount over $518,400

Source: Internal Revenue Service