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2020 Federal Personal Tax Rates

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Tax Rates -> 2020 Personal Income Tax Rates - Federal

2020 Federal Tax Rate Schedules and Standard Deductions

Your filing status will determine which schedule is used for your tax rates. See Filing Status in IRS Publication 17, Your Federal Income Tax. You can also use the IRS Interactive Tax Assistant - see What is My Filing Status?

See IRS news release re tax inflation adjustments for tax year 2020.

 

2020 Federal Tax Rates
Schedule X - Unmarried Individuals
(other than Surviving Spouses and Heads of Household)

If taxable income is The tax is plus of the
amount
over
over but
not over
$0 $9,875 $0 10% $0
9,875 40,125 987.50 12% 9,875
40,125 85,525 4,617.50 22% 40,125
85,525 163,300 14,605.50 24% 85,525
163,300 207,350 33,271.50 32% 163,300
207,350 518,400 47,367.50 35% 207,350
518,400 and greater 156,235.00 37% 518,400
Standard deduction for 2020 $12,400

 

2020 Federal Tax Rates
Schedule Y-1 - Married Filing Jointly or
Surviving Spouses

If taxable income is The tax is plus of the
amount
over
over but
not over
$0 $19,750 $0 10% $0
19,750 80,250 1,975 12% 19,750
80,250 171,050 9,235 22% 80,250
171,050 326,600 29,211 24% 171,050
326,600 414,700 66,543 32% 326,600
414,700 622,050 94,735 35% 414,700
622,050 and greater 167,307.50 37% 622,050
Standard deduction for 2020 $24,800

 

 

2020 Federal Tax Rates
Schedule Y-2 - Married Filing Separately

If taxable income is The tax is plus of the
amount
over
over but
not over
$0 $9,875 $0 10% $0
9,875 40,125 987.50 12% 9,875
40,125 85,525 4,617.50 22% 40,125
85,525 163,300 14,605.50 24% 85,525
163,300 207,350 33,271.50 32% 163,300
207,350 311,025 47,367.50 35% 207,350
311,025 and greater 83,653.75 37% 311,025
Standard deduction for 2020 $12,400

 

2020 Federal Tax Rates
Schedule Z - Head of Household

If taxable income is The tax is plus of the
amount
over
over but
not over
$0 $14,100 $0 10% $0
14,100 53,700 1,410 12% 14,100
53,700 85,500 6,162 22% 53,700
85,500 163,300 13,158 24% 85,500
163,300 207,350 31,830 32% 163,300
207,350 518,400 45,926 35% 207,350
518,400 and greater 154,793.50 37% 518,400
Standard deduction for 2020 $18,650

 

2020 Federal Tax Rates
Estates and Trusts

If taxable income is The tax is plus of the
amount
over
over but
not over
$0 $2,600 $0 10% $0
2,600 9,450 260 24% 2,600
9,450 12,950 1,904 35% 9,450
12,950 and greater 3,129 37% 12,950

Revised: November 06, 2019

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