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Tax Rates Tables [for 2009 Filing and 2010 Planning]

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Tax Rates Table for 2009-2010Tax rates table is most important resources [references] for any tax preparers. The rates dollars and / or percentages presented on the tables are a constant-used numbers in calculating any taxes that tax preparers can’t live without. IRS often change them to reflect the current inflation/deplation and represent the U.S. government’s policy on taxes.  Here are 2009 – 2010 tax rate tables summarized for your 2009 tax filing and 2010 tax planning you find useful. Many of them are the most commonly encountered return items, with changes and inflation-adjusted amounts for 2009 and 2010. Enjoy!

How to read the tables?

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For Example:

Let’s assume you are a single taxpayer:

  • If your taxable income for 2009 is not over $8,350, then the tax rate is 10%
  • If your taxable income for 2009 is over $8,350 BUT NOT OVER $33,950, then the tax rate is $835 “PLUS” 15% of the amount over the $8,350. Means, if your taxable income for 2009 is $24,000, then your income tax is: $835 + [15% x (24,000 – $8,350)].
  • and on, and on.

 

Tax Rates Table for Single Taxpayers

Tax Rates Table for Single Taxpayers

 

 

Tax Rates Table for Married Filing Joint Returns and Surviving Spouses

Tax Rates Table for Married Taxpayers Joint Tax Returns

 

 

Tax Rates Table for Married Taxpayers Filing Separate Returns

Married Taxpayers Filing Separate Returns

 

 

Tax Rates Table for Trusts and Estates

Tax Rates Table for Trusts and Estates

 

 

Tax Rates Table for Heads of Household

Tax Rates Table for Heads of Household

 

 

Credit Savers – Applicable Percentages

Credit Savers - Applicable Percentages

2 Comments

2 Comments

  1. Gopal

    Jan 12, 2010 at 12:14 pm

    Hi, when this tax changes are proposed by IRS, i am writing my CPA exams in April 2010 and wondering if this effects my preparation as i preparing from Becker 2008 text material..Appreciate your respone!!!

  2. Mar 31, 2010 at 6:03 am

    Typographical error on the Single Taxpayer table:

    The line that reads:
    Over $33,950 but not over $82,250, tax is $850 plus 25% of amount over $33,950
    Should read:
    Over $33,950 but not over $82,250, tax is $4675 plus 25% of amount over $33,950

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