These rate schedules are for tax year 2020 (returns filed in 2021). Tax rate schedules for prior years, and other categories of inflation-adjusted tax figures, are available in our Reference Room.
2020 – Single
| Taxable income is over |
But not over |
The tax is |
Plus |
Of the amount over |
| 0 |
9,875 |
0.00 |
10% |
0 |
| 9,875 |
40,125 |
987.50 |
12% |
9,875 |
| 40,125 |
85,525 |
4,617.50 |
22% |
40,125 |
| 85,525 |
163,300 |
14,605.50 |
24% |
85,525 |
| 163,300 |
207,350 |
33,271.50 |
32% |
163,300 |
| 207,350 |
518,400 |
47,367.50 |
35% |
207,350 |
| 518,400 |
NA |
156,235.00 |
37% |
518,400 |
| Capital gains |
|
|
Rate |
On income up to |
|
|
|
0% |
40,000 |
|
|
|
15% |
441,450 |
|
|
|
20% |
above |
2020 – Married Filing Jointly
| Taxable income is over |
But not over |
The tax is |
Plus |
Of the amount over |
| 0 |
19,750 |
0.00 |
10% |
0 |
| 19,750 |
80,250 |
1,975.00 |
12% |
19,750 |
| 80,250 |
171,050 |
9,235.00 |
22% |
80,250 |
| 171,050 |
326,600 |
29,211.00 |
24% |
171,050 |
| 326,600 |
414,700 |
66,543.00 |
32% |
326,600 |
| 414,700 |
622,050 |
94,735.00 |
35% |
414,700 |
| 622,050 |
NA |
167,307.50 |
37% |
622,050 |
| Capital gains |
|
|
Rate |
On income up to |
|
|
|
0% |
80,000 |
|
|
|
15% |
496,600 |
|
|
|
20% |
above |
2020 – Head of Household
| Taxable income is over |
But not over |
The tax is |
Plus |
Of the amount over |
| 0 |
14,100 |
0.00 |
10% |
0 |
| 14,100 |
53,700 |
1,410.00 |
12% |
14,100 |
| 53,700 |
85,500 |
6,162.00 |
22% |
53,700 |
| 85,500 |
163,300 |
13,158.00 |
24% |
85,500 |
| 163,300 |
207,350 |
31,830.00 |
32% |
163,300 |
| 207,350 |
518,400 |
45,926.00 |
35% |
207,350 |
| 518,400 |
NA |
154,793.50 |
37% |
518,400 |
| Capital gains |
|
|
Rate |
On income up to |
|
|
|
0% |
53,600 |
|
|
|
15% |
469,050 |
|
|
|
20% |
above |
2020 – Married Filing Separately
| Taxable income is over |
But not over |
The tax is |
Plus |
Of the amount over |
| 0 |
9,875 |
0.00 |
10% |
0 |
| 9,875 |
40,125 |
987.50 |
12% |
9,875 |
| 40,125 |
85,525 |
4,617.50 |
22% |
40,125 |
| 85,525 |
163,300 |
14,605.50 |
24% |
85,525 |
| 163,300 |
207,350 |
33,271.50 |
32% |
163,300 |
| 207,350 |
311,025 |
47,367.50 |
35% |
207,350 |
| 311,025 |
NA |
83,653.75 |
37% |
311,025 |
| Capital gains |
|
|
Rate |
On income up to |
|
|
|
0% |
40,000 |
|
|
|
15% |
248,300 |
|
|
|
20% |
above |
2020 – Trusts and Estates (no longer applies to Kiddie Tax)
| Taxable income is over |
But not over |
The tax is |
Plus |
Of the amount over |
| 0 |
2,600 |
0.00 |
10% |
0 |
| 2,600 |
9,450 |
260.00 |
24% |
2,600 |
| 9,450 |
12,950 |
1,904.00 |
35% |
9,450 |
| 12,950 |
NA |
3,129.00 |
37% |
12,950 |
| Capital gains |
|
|
Rate |
On income up to |
|
|
|
0% |
2,650 |
|
|
|
15% |
13,150 |
|
|
|
20% |
above |
More tax figures: Reference Room
