USTaxTips.net does
not research or endorse any product or service appearing in
ads on this site.
Before making a major financial decision you
should consult a qualified professional.
Tax Rates -> 2007 Personal Income Tax Rates -
Federal
2007 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.
2007 Federal Tax Rates
Schedule X - Single
If taxable income is
The tax is:
of the
amount
over:
over:
but
not over:
$0
$7,825
$0 + 10%
$0
7,825
31,850
782.50 + 15%
7,825
31,850
77,100
4,386.25 + 25%
31,850
77,100
160,850
15,698.75 + 28%
77,100
160,850
349,700
39,148.75 + 33%
160,850
349,700
and greater
101,469.25 + 35%
349,700
Standard deduction
for 2007
$5,350
2007 Federal Tax Rates
Schedule Y-1 - Married filing jointly or
Qualifying Widow(er)
The information on this site is not intended to be a
substitute for professional advice. Each person's situation differs, and
a professional advisor can assist you in using the information on this web
site to your best advantage.
Please see our legal
disclaimer regarding the use of information on our site, and our Privacy
Policy regarding information that may be collected from visitors to our
site.