Federal Income Tax Rate for 2021,income tax brackets
There are many taxes in United State of America.
Federal Income Tax
States Tax Income Tax
Sales Tax
Social Security Tax
Local Municipal tax
Federal Income tax rate
Federal income tax rate is allpicable in United state of America. Federal income tax levies on citizen of United state of America. There are seven income tax rates 10,12,22,24,32,35,37. These rate are appicable on individual according his income earned during the relevant year. There are standard deduction allowable from total income. There are many categories of income tax payer
Single taxpayer
Married taxpayer filing jointly
Head of House taxpayer
Married taxpayer filing seprately
Single taxpayer
| Tax Rate (%) | Taxable Income (USD) | Tax on Income |
| 10 | 0-9950 | 10% of Total income |
| 12 | 9951- 40,525 | $995 plus 12% of the amount over $9950 |
| 22 | 40526- 86375 | $4664 Plus 22% of the amount over $40,525 |
| 24 | 86376- 164925 | $14,751 Puls 24% of the amount over $86,375 |
| 32 | 164926-2,09,425 | $33,603 Plus 32% of the amount over $1,64,925 |
| 35 | 2,09,426-5,23,600 | $47,843 Plus 35% of the amount over $ 2,09,425 |
| 37 | 5,23,601 and above | $1,57,804.3 Plus 37% of the amount over $ 523600 |
Married taxpayer filing jointly
| Tax Rate (%) | Taxable Income (USD) | Tax on Income |
| 10 | 0-19,900 | 10% of Total income |
| 12 | 19,901- 81,050 | $1990 plus 12% of the amount over $19900 |
| 22 | 81,051- 1,72,750 | $9,328 Plus 22% of the amount over $81,050 |
| 24 | 1,72,751- 3,29,850 | $29,502 Puls 24% of the amount over $1,72,750 |
| 32 | 3,29,851-4,18,850 | $ 67,206Plus 32% of the amount over $ 3,29,850 |
| 35 | 4,18,851-6,28,300 | $95,686 Plus 35% of the amount over $ 4,18,850 |
| 37 | 6,28,301 and above | $1,68,993.5 Plus 37% of the amount over $ 6,28,300 |
Head of House taxpayer
| Tax Rate (%) | Taxable Income (USD) | Tax on Income |
| 10 | 0-14,200 | 10% of Total income |
| 12 | 14201- 54,200 | $1420 plus 12% of the amount over $14200 |
| 22 | 54201- 86,350 | $6220 Plus 22% of the amount over $54200 |
| 24 | 86,351- 1,64,900 | $13293 Puls 24% of the amount over $86,350 |
| 32 | 1,64,901-2,09,400 | $32145 Plus 32% of the amount over $1,64,900 |
| 35 | 2,09,401-5,23,600 | $46385 Plus 35% of the amount over $ 2,09,400 |
| 37 | 5,23601 and above | $1,56,355 Plus 37% of the amount over $ 523600 |
Married taxpayer filing seprately
| Tax Rate (%) | Taxable Income (USD) | Tax on Income |
| 10 | 0-9950 | 10% of Total income |
| 12 | 9951- 40,525 | $995 plus 12% of the amount over $9950 |
| 22 | 40526- 86375 | $4,664 Plus 22% of the amount over $40,525 |
| 24 | 86376- 164925 | $14,751 Puls 24% of the amount over $86,375 |
| 32 | 164926-2,09,425 | $33,603 Plus 32% of the amount over $1,64,925 |
| 35 | 2,09,426-3,14,150 | $47,843 Plus 35% of the amount over $ 2,09,425 |
| 37 | 3,14,151 and above | $84,496.75 Plus 37% of the amount over $ 3,14,150 |
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