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2020 Federal Income Tax Rate Schedules

Single taxpayers

If taxable income is:Your tax is:
Not over $9,87510% of taxable income
Over $9,875 to $40,125$987.50 + 12% of the excess over $9,875
Over $40,125 to $85,525$4,617.50 + 22% of the excess over $40,125
Over $85,525 to $163,300$14,605.50 + 24% of the excess over $85,525
Over $163,300 to $207,350$33,271.50 + 32% of the excess over $163,300
Over $207,350 to $518,400$47,367.50 + 35% of the excess over $207,350
Over $518,400$156,235 + 37% of the excess over $518,400


Married filing jointly and surviving spouses

If taxable income is:Your tax is:
Not over $19,75010% of taxable income
Over $19,750 to $80,250$1,975 + 12% of the excess over $19,750
Over $80,250 to $171,050$9,235 + 22% of the excess over $80,250
Over $171,050 to $326,600$29,211 + 24% of the excess over $171,050
Over $326,600 to $414,700$66,543 + 32% of the excess over $326,600
Over $414,700 to $622,050$94,735 + 35% of the excess over $414,700
Over $622,050$167,307.50 + 37% of the excess over $622,050


Married individuals filing separately

If taxable income is:Your tax is:
Not over $9,87510% of taxable income
Over $9,875 to $40,125$987.50 + 12% of the excess over $9,875
Over $40,125 to $85,525$4,617.50 + 22% of the excess over $40,125
Over $85,525 to $163,300$14,605.50 + 24% of the excess over $85,525
Over $163,300 to $207,350$33,271.50 + 32% of the excess over $163,300
Over $207,350 to $311,025$47,367.50 + 35% of the excess over $207,350
Over $311,025$83,653.75 + 37% of the excess over $311,025


Heads of household

If taxable income is:Your tax is:
Not over $14,10010% of taxable income
Over $14,100 to $53,700$1,410 + 12% of the excess over $14,100
Over $53,700 to $85,500$6,162 + 22% of the excess over $53,700
Over $85,500 to $163,300$13,158 + 24% of the excess over $85,500
Over $163,300 to $207,350$31,830 + 32% of the excess over $163,300
Over $207,350 to $518,400$45,926 + 35% of the excess over $207,350
Over $518,400$154,793.50 + 37% of the excess over $518,400


Trusts and estates

If taxable income is:Your tax is:
Not over $2,60010% of taxable income
Over $2,600 to $9,450$260 + 24% of the excess over $2,600
Over $9,450 to $12,950$1,904 + 35% of the excess over $9,450
Over $12,950$3,129 + 37% of the excess over $12,950

IMPORTANT DISCLOSURES

Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, legal, or retirement advice or recommendations. The information presented here is not specific to any individual's personal circumstances.

To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.

These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable — we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

Prepared by Broadridge Advisor Solutions Copyright 2020.