2011 federal tax rates tables
2011 federal tax rates tables
This 2011 federal tax rates page provides useful information about tax rates and tax tables for the tax year 2011. The 2011 federal tax rates are applicable to income earned in year 2011. Below you can find tax rates for this year. You can use the federal tax tables for 2011 to calculate your tax liability which you report on your tax return that you file in April 2012.
Before we get into the details of the 2011 tax rates tables, we should review what has changed since last tax year and tax filing period. Although the government is trying to increase the tax revenue, conceptually not much has changed in the area of tax tables and tax rates. The idea of progressive taxation has remained. When you look at the tax rates and tax tables for 2011 below, you can see that the tax rates progressively increase in 2011 as income increases. If you look at the federal tax rates 2011 listed below and compare them to tax rates from last year, you can notice that while tax rates remained unchanged (see the tax rates ranging from 10 to 35%), tax brackets widened by $125 to $3000 depending on the particular tax bracket. The increase is some 1.5% which is less than the inflation, so the real tax burden in 2011 is less than in the previous year. The federal income tax rates 2011 provided on this page apply to federal taxable income.
Tax rates 2011
You can use the tax calculator provided below to calculate your 2011 taxes. Enter your taxable income in the highlighted field bellow and click the button to see how much taxes you owe. Before you enter your income below, make sure you account for deductions and other adjustments such as the standard deduction. These tax rates 2011 apply to taxable ordinary income.
When using the tax rates 2011 calculator, remember to select the correct Tax Year. If you need to know the amount of taxes you pay on your income earned in 2011 that you report on your federal tax return in April 2012, then you would select the 2011 Tax Year.
2011 federal tax rates
This federal tax rates 2011 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 2011 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 2011
Federal tax rates 2011 are divided into four sections. The four sections of the federal tax tables 2011 are determined by the filing status which can be a single, married filing jointly, married filling separately, and head of household.
Filing status: SINGLE
Use this 2011 tax table to figure out your tax if you are filing as single.
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10% on income between $0 and $8,500
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15% on the income between $8,500 and $34,500; plus $850.00
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25% on the income between $34,500 and $83,600; plus $4,750.00
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28% on the income between $83,600 and $174,400; plus $17,025.00
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33% on the income between $174,400 and $379,150; plus $42,449.00
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35% on the income over $379,150; plus $110,016.50
(This is the "Tax Rate Schedule X".)
Filing status: MARRIED FILING JOINTLY
Use this schedule to figure out your federal tax 2011 if you are filing as married filing jointly or qualifying widow(er).
- 10% on the income between $0 and $17,000
- 15% on the income between $17,000 and $69,000; plus $1,700.00
- 25% on the income between $69,000 and $139,350; plus $9,500.00
- 28% on the income between $139,350 and $212,300; plus $27,087.50
- 33% on the income between $212,300 and $379,150; plus $47,513.50
- 35% on the income over $379,150; plus $102,574.00
(This is the "Tax Rate Schedule Y-1".)
Filing status: MARRIED FILING SEPARATELY
Use this tax tables 2011 to figure out your tax if you are filing as married filing separately.
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10% on the income between $0 and $8,500
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15% on the income between $8,500 and $34,500; plus $850.00
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25% on the income between $34,500 and $69,675; plus $4,750.00
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28% on the income between $69,675 and $106,150; plus $13,543.75
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33% on the income between $106,150 and $189,575; plus $23,756.75
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35% on the income over $189,575; plus $51,287.00
(This is the "Tax Rate Schedule Y-2".)
Filing status: HEAD OF HOUSEHOLD
Use this 2011 tax schedule to figure out your tax if you are filing as head of household.
- 10% on the income between $0 and $12,150
- 15% on the income between $12,150 and $46,250; plus $1,215.00
- 25% on the income between $46,250 and $119,400; plus $6,330.00
- 28% on the income between $119,400 and $193,350; plus $24,617.50
- 33% on the income between $193,350 and $379,150; plus $45,323.50
- 35% on the income over $379,150; plus $106,637.50
(This is the "Tax Rate Schedule Z".)
Tax tables 2011
How do you use these federal tax tables 2011 to calculate your tax? The tax tables 2011 provided above are included in the federal tax calculator 2011 which is also provided above. These federal tax tables 2011 listed above provide the same result as the federal tax calculator. You can calculate your tax liability using either the tax calculator or the tax tables 2011. In the first step, you need to locate the appropriate tax table based on your filing status. Once you know the correct tax table for your 2011 income, then you locate the tax bracket reflecting your income level. For example, if you were a single person making $125,000, then you would be in the 28% tax rates 2011 bracket. And lastly, you need to calculate your tax using the corresponding 2011 tax rate. So, on $125,000 income, you would pay tax of $17,025.00 plus 28% on income over $83,600. The total would then be $28,617. The $17,025.00 figure covers taxes calculated on income that falls in the 10%, 15%, and 25% brackets. The 28% income tax rate 2011 covers taxes calculated on income only within the 28% bracket.
You can confirm the income tax 2011 calculation by figuring the tax for each tax bracket. We can demonstrate the concept using the same example (filing status SINGLE and making $125,000 of taxable income per year after deductions and exemptions).
- $850.00 (tax on the first $8,500 of income, taxed at the 10% rate), plus
- $3,900.00 (tax on the income between $8,500 and $34,500, taxed at the 15% rate), plus
- $12,275.00 (tax on the income between $34,500 and $83,600, taxed at the 25% rate), plus
- $11,592.00 (tax on the income between $83,600 and $125,000, taxed at the 28% rate)
The total income tax 2011 on income of $125,000 will be $28,617. The income tax 2011 is less than in year 2010 in this case.
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Should you have any 2011 tax questions, feel free to submit them in our taxes discussion forum. There are many answers in our taxes discussion forum.
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