|
Single Taxable
Income |
| |
|
|
| Over |
Not
Over |
% |
|
| $
0 |
$ 8,700 |
10% |
|
| 8,701 |
35,350 |
15% |
|
| 35,351 |
85,650 |
25% |
|
| 85,651 |
178,650 |
28% |
|
| 178,651 |
388,350 |
33% |
|
| 388,351 |
----- |
35% |
|
| |
|
Married Taxable
Income |
| |
|
|
| Over |
Not Over
|
% |
|
| $
0 |
$ 17,400 |
10% |
|
| 17,401 |
70,700 |
15% |
|
| 70,701 |
142,700 |
25% |
|
| 142,701 |
217,450 |
28% |
|
| 217,451 |
388,350 |
33% |
|
| 388,351 |
----- |
35% |
|
| 2012 Tax
Facts: |
|
|
| Exemption |
$3,800 |
| |
|
| Standard Deduction |
$5,950 single $11,900 married |
| |
|
| Long Term Capital Gains Rate |
15% |
|
| Qualified Dividend Rate |
15% |
|
| Estate Tax Credit |
$5.12 million |
| |
|
| Annual Gift Exclusion |
$13,000 |
| |
|
 |