2010 federal tax rates
2010 federal tax rates
This page titled income tax rates 2010 or 2010 federal tax rates provides useful information about tax rates applicable to income earned in year 2010. Tax rates listed below can be used to calculate your tax liability reported on your tax return that you file in April 2011. These tax rates 2010 apply to taxable ordinary income.
Before you scroll down to the 2010 tax rates tables and calculator, let's review what has changed since last year. Not much. The concept of progressive taxation has remained the same, tax rates progressively increase in 2010 as income increases. When you look at the federal federal tax rates 2010 listed below and compare them to last year's tax tables, you can see that while tax rates 2010 remained unchanged (10 to 35%), tax brackets widened by $25 to $300 depending on the particular tax bracket. The increase is some 0.2% which is less than the inflation, so the real tax burden in 2010 is less than last year. These federal income tax rates 2010 apply to federal taxable income.
Tax rates 2010
Enter your taxable income in the highlighted field bellow and click the button to see how much taxes you owe to the government. Note that various adjustments and deductions, including the standard deduction and personal exemptions lower your taxable income. Taxable income is almost always less than your total income.
When using the tax rates 2010 calculator, remember to select the correct Tax Year. For example, if you need to know how much taxes you pay on your income earned in 2010 that you report on your federal tax return in April 2011, then you would select 2010 Tax Year.
2010 federal tax rates
This federal tax rates 2010 calculator includes logic for only a limited number of tax years. You can find our complete federal tax calculator at the federal tax calculator page.
This interactive tax calculator as well as the income tax rates 2010 tables provided below are provided for tax planning purposes only. Never use this or any other private website to calculate your final tax. Please, always refer to IRS published instructions for Form 1040, 1040A, or 1040EZ to work with the official IRS authored tables.
Income tax rates 2010
Income tax rates 2010 are divided into four sections based on your filing status: single, married filing jointly, married filling separately, and head of household.
Filing status: SINGLE
Use this 2010 tax table to figure out your tax if you are filing as single.
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10% on income between $0 and $8,375
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15% on the income between $8,375 and $34,000; plus $837.50
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25% on the income between $34,000 and $82,400; plus $4,681.25
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28% on the income between $82,400 and $171,850; plus $16,781.25
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33% on the income between $171,850 and $373,650; plus $41,827.25
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35% on the income over $373,650; plus $108,421.25
(Tax Rate Schedule X)
Filing status: MARRIED FILING JOINTLY
Use this schedule to figure out your tax if you are filing as married filing jointly.
- 10% on the income between $0 and $16,750
- 15% on the income between $16,750 and $68,000; plus $1,675.00
- 25% on the income between $68,000 and $137,300; plus $9,362.50
- 28% on the income between $137,300 and $209,250; plus $26,687.50
- 33% on the income between $209,250 and $373,650; plus $46,833.50
- 35% on the income over $373,650; plus $101,085.50
(Tax Rate Schedule Y-1)
Filing status: MARRIED FILING SEPARATELY
Use this tax tables 2010 to figure out your tax if you are filing as married filing separately.
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10% on the income between $0 and $8,375
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15% on the income between $8,375 and $34,000; plus $837.50
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25% on the income between $34,000 and $68,650; plus $4,681.25
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28% on the income between $68,650 and $104,625; plus $13,343.75
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33% on the income between $104,625 and $186,825; plus $23,416.75
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35% on the income over $186,825; plus $50,542.75
(Tax Rate Schedule Y-2)
Filing status: HEAD OF HOUSEHOLD
Use this schedule to figure out your tax if you are filing as head of household.
- 10% on the income between $0 and $11,950
- 15% on the income between $11,950 and $45,550; plus $1,195.00
- 25% on the income between $45,550 and $117,650; plus $6,235.00
- 28% on the income between $117,650 and $190,550; plus $24,260.00
- 33% on the income between $190,550 and $373,650; plus $44,672.00
- 35% on the income over $373,650; plus $105,095.00
(Tax Rate Schedule Z)
Tax tables 2010
How can you use these federal tax tables 2010 to calculate your tax liability? The tax tables 2010 provided above are included in the federal tax calculator 2010 which is also included above, and they provide the same result. You can calculate your tax liability using either the tax calculator or the tax tables. First, find the appropriate tax table based on your filing status. Once you have located the right tax table for your 2010 income, locate the tax bracket reflecting your income level. For example, a single person making $105,000 would be in the 28% tax rates 2010 bracket. Third, calculate your tax liability using the corresponding tax rate. On $105,000 income, you would pay tax of $16,781.25 plus 28% on income over $82,400, so the total would be $23,109. The $16,781.25 amount covers taxes calculated on income that falls in the 10%, 15%, and 25% brackets. The 28% income tax rate 2010 covers taxes calculated on income only within the 28% bracket.
If you like, you can confirm the income tax 2010 calculation by calculating the tax for each tax bracket. Let's demonstrate using the same example (filing status SINGLE and making $105,000 of taxable income per year after deductions and exemptions).
- $837.50 (tax on the first $8,375 of income, taxed at the 10% rate), plus
- $3,843.75 (tax on the income between $8,375 and $34,000, taxed at the 15% rate), plus
- $12,100.00 (tax on the income between $34,000 and $82,400, taxed at the 25% rate), plus
- $6,328.00 (tax on the income between $82,400 and $105,000, taxed at the 28% rate)
The total income tax 2010 will be $23,109 (rounded down). The income tax 2010 is less than in 2009 in this case.
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