2008 Tax Rates (projected)

Single Taxpayers
Taxable Income

Over

But Not Over

 

Pay

+

% on Excess

 

of the
amount over

$

0-

$

8,025

 

$

0

 

10

%

 

$

0

8,025 -

32,550

 

802.50

 

15

 

8,025

32,550 -

78,850

 

4,481.25

 

25

 

32,550

78,850 -

164,550

 

16,056.25

 

28

 

78,850

164,550 -

357,700

 

40,052.25

 

33

 

164,550

357,700 -

.....

 

103,791.75

 

35

 

357,700

 

Married Filing Jointly and Surviving Spouses
Taxable Income

Over

But Not Over

 

Pay

+

% on Excess

 

of the
amount over

$

0-

$

16,050

 

$

0

 

10

%

 

$

0

16,050 -

65,100

 

1,605.00

 

15

 

16,050

65,100 -

131,450

 

8,962.50

 

25

 

65,100

131,450 -

200,300

 

25,550.50

 

28

 

131,450

200,300 -

357,700

 

44,828.50

 

33

 

200,300

357,700 -

.....

 

96,770.00

 

35

 

357,700

 

Married Filing Separately
Taxable Income

Over

But Not Over

 

Pay

+

% on Excess

 

of the
amount over

$

0-

$

8,025

 

$

0

 

10

%

 

$

0

8,025 -

32,550

 

802.50

 

15

 

8,025

32,550 -

65,725

 

4,481.25

 

25

 

32,550

65,725 -

100,150

 

12,775.00

 

28

 

65,725

100,150 -

178,850

 

22,414.00

 

33

 

100,150

178,850 -

......

 

48,385.00

 

35

 

178,850

 

Heads of Household
Taxable Income

Over

But Not Over

 

Pay

+

% on Excess

 

of the
amount over

$

0-

$

11,450

 

$

0

 

10

%

 

$

0

11,450 -

43,650

 

1,145.00

 

15

 

11,450

43,650 -

112,650

 

5,975.50

 

25

 

43,650

112,650 -

182,400

 

23,225.00

 

28

 

112,650

182,400 -

357,700

 

42,755.00

 

33

 

182,400

357,700 -

.....

 

100,604.00

 

35

 

357,700

 

Estates and Non-Grantor Trusts
Taxable Income

Over

But Not Over

 

Pay

+

% on Excess

 

of the
amount over

$

0-

$

2,200

 

$

0

 

15

%

 

$

0

2,220 -

5,150

 

330.00

 

25

 

2,200

5,150 -

7,850

 

1,067.50

 

28

 

5,150

7,850 -

10,700

 

1,823.50

 

33

 

7,850

10,700 -

.....

 

2,764.00

 

35

 

10,700