Due to inflation, tax law changes, and a host of other factors, income tax rates change from year to year.
This page:
• Shows a simplified way to estimate your total taxes
• Explains how can make the calculation more accurately
• Links to the IRS's complete tax tables
Do your taxes online, for free: If you want to avoid costly mistakes, while at the same time taking advantage of all possible credits and deductions, you want to do your taxes online.
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Income tax rates for 2011 are the same as in 2010, but of course, that is of small comfort to many. Really.
If you've done a good job withholding your federal income tax from your paychecks every month, than you probably already know how much you'll end up giving Uncle Sam.
For everyone else, and for those with large deductions/credits/etc., the table below is designed to help you gauge just how much you owe the Irs.
Income Tax Rates
Tax Year 2011
Tax Rate
Single
Married/Jointly
10%
$0-$8500
$0-$17,000
15%
$8,500-$34,500
$17,000-$69,000
25%
$34,500-$83,600
$69,000-$139,000
28%
$83,600-$174,400
$139,500-$212,300
33%
$174,400-379,150
$212,300-$379,150
35%
$379,150+
$379,150+
Source: IRS
Of course, to figure our exactly how much you owe (or how much the IRS owes you!) you need to prepare your return, so as that you know that you are working with the correct taxable income figure.
Work on your tax return online, using H&R Block, and all the calculations will be performed for you, mistake-free. You will also have the peace of mind of knowing that all credits and deductions are accounted for, and if you are owed a refund, you'll get it 2-3 weeks faster. Start working on your return for free now.
Related IRS publications
To get exact income tax rates for your income level, download the IRS Tax Tables.
Note: you will need an Adobe Acrobat Reader to view this publication, which you can get here. (But you probably already have it.)
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