2020 Federal Income Tax Information
2020 Federal Tax Rate Schedules
Schedule X-Single
| If taxable income is over: | But not over: | The tax is: |
|---|---|---|
| $ 0 | $ 9,875 | 10% of taxable income |
| $ 9,875 | $ 40,125 | $987.50 plus 12% of the excess over $9,875 |
| $ 40,125 | $ 85,525 | $4,617.50 plus 22% of the excess over $40,125 |
| $ 85,525 | $ 163,300 | $14,605.50 plus 24% of the excess over $85,525 |
| $ 163,300 | $ 207,350 | $33,271.50 plus 32% of the excess over $163,300 |
| $ 207,350 | $ 518,400 | $47,367.50 plus 35% of the excess over $207,350 |
| $ 518,400 | — | $156,235.00 plus 37% of the excess over $518,400 |
| If taxable income is over: | But not over: | The tax is: |
|---|---|---|
| $ 0 | $ 19,750 | 10% of taxable income |
| $ 19,750 | $ 80,250 | $1,975.00 plus 12% of the excess over $19,750 |
| $ 80,250 | $ 171,050 | $9,235.00 plus 22% of the excess over $80,250 |
| $ 171,050 | $ 326,600 | $29,211.00 plus 24% of the excess over $171,050 |
| $ 326,600 | $ 414,700 | $66,543.00 plus 32% of the excess over $326,600 |
| $ 414,700 | $ 622,050 | $94,735.00 plus 35% of the excess over $414,700 |
| $ 622,050 | — | $167,307.50 plus 37% of the excess over $622,050 |
| If taxable income is over: | But not over: | The tax is: |
|---|---|---|
| $ 0 | $ 9,875 | 10% of taxable income |
| $ 9,875 | $ 40,125 | $987.50 plus 12% of the excess over $9,875 |
| $ 40,125 | $ 85,525 | $4,617.50 plus 22% of the excess over $40,125 |
| $ 85,525 | $ 163,300 | $14,605.50 plus 24% of the excess over $85,525 |
| $ 163,300 | $ 207,350 | $33,271.50 plus 32% of the excess over $163,300 |
| $ 207,350 | $ 311,025 | $47,367.50 plus 35% of the excess over $207,350 |
| $ 311,025 | — | $83,653.75 plus 37% of the excess over $311,025 |
| If taxable income is over: | But not over: | The tax is: |
|---|---|---|
| $ 0 | $ 14,100 | 10% of taxable income |
| $ 14,100 | $ 53,700 | $1,410.00 plus 12% of the excess over $14,100 |
| $ 53,700 | $ 85,500 | $6,162.00 plus 22% of the excess over $53,700 |
| $ 85,500 | $ 163,300 | $13,158.00 plus 24% of the excess over $85,500 |
| $ 163,300 | $ 207,350 | $31,830.00 plus 32% of the excess over $163,300 |
| $ 207,350 | $ 518,400 | $45,926.00 plus 35% of the excess over $207,350 |
| $ 518,400 | — | $154,793.50 plus 37% of the excess over $518,400 |