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Federal Income Tax Rates 2012 These tax rate schedules are provided so that you can compute your estimated tax for 2012. | If taxable income is over-- | But not over-- |
The tax is: |
|---|
| $0 | $8,700 | 10% of the amount over $0 | | $8,700 | $35,350 | $870 plus 15% of the amount over $8,700 | | $35,350 | $85,650 | $4,867.50 plus 25% of the amount over $35,350 | | $85,650 | $178,650 | $17,442.50 plus 28% of the amount over $85,650 | | $178,650 | $388,350 | $43,482.50 plus 33% of the amount over $178,650 | | $388,350 | no limit | $112,683.50 plus 35% of the amount over $388,350 |
| If taxable income is over-- | But not over-- | The tax is: |
|---|
| $0 | $17,400 | 10% of the amount over $0 | | $17,400 | $70,700 | $1,740 plus 15% of the amount over $17,400 | | $70,700 | $142,700 | $9,735 plus 25% of the amount over $70,700 | | $142,700 | $217,450 | $27,735 plus 28% of the amount over $142,700 | | $217,450 | $388,350 | $48,665 plus 33% of the amount over $217,450 |
| $388,350 | no limit | $105,062 plus 35% of the amount over $388,350 |
| If taxable income is over-- | But not over-- | The tax is: |
|---|
| $0 | $8,700 | 10% of the amount over $0 | | $8,700 | $35,350 | $870 plus 15% of the amount over $8,700 | | $35,350 | $71,350 | $4,867.50 plus 25% of the amount over $35,350 |
| $71,350 | $108,725 | $13,867.50 plus 28% of the amount over $71,350 | | $108,725 | $194,175 | $24,332.50 plus 33% of the amount over $108,725 | | $194,175 | no limit | $52,531 plus 35% of the amount over $194,175 |
| If taxable income is over-- | But not over-- | The tax is: |
|---|
| $0 | $12,400 | 10% of the amount over $0 |
| $12,400 | $47,350 | $1,240 plus 15% of the amount over $12,400 | | $47,350 | $122,300 | $6,482.50 plus 25% of the amount over $47,350 | | $122,300 | $198,050 | $25,220 plus 28% of the amount over $122,300 | | $198,050 | $388,350 | $46,430 plus 33% of the amount over $198,050 | | $388,350 | no limit | $109,229 plus 35% of the amount over $388,350 |
| AS of 1st January 2012 | | INCOME BRACKETS | | PERSONAL | EXEMPTIONS | INCOME | | Percentages | Lowest | Highest | | Single | Married | Dependents | | ALABAMA | 2 - 5 % | $500 |
$3,001 | | $1,500 | $3,000 | $500 | | ALASKA | No State Income Tax | | ARIZONA | 2.59 - 4.54 % | $10,000 | $150,001 | | $2,100 | $4,200 | $2,100 | | ARKANSAS | 1 - 7 % | $3,899 | $32,700 | | $23 |
$46 | $23 | | CALIFORNIA | 1 - 9.3 % | $7,316 | $48,029 | | $102 | $204 | $315 | | COLORADO | 4.63 % | Flat Rate | | $3,700 | $7,400 | $3,700 | | CONNECTICUT | 3 - 6.7 % | $10,000 | $250,000 | |
$13,000 | $24,000 | 0 | | DELAWARE | 2.2 - 6.75 % | $5,000 | $60,001 | | $110 | $220 | $110 | | FLORIDA | No State Income Tax | | GEORGIA | 1 - 6 % | $750 | $7,001 | | $2,700 | $5,400 | $3,000 |
| HAWAII | 1.4 - 11 % | $2,400 | $200,001 | | $1,040 | $2,080 | $1,040 | | IDAHO | 1.6 - 7.8 % | $1,338 | $26,760 | | $3,700 | $7,400 | $3,700 | | ILLINOIS | 5 % | Flat Rate | |
$2,000 | $4,000 | $2,000 | | INDIANA | 3.4 % | Flat Rate | | $1,000 | $2,000 | $2,500 | | IOWA | 0.36 - 8.98 % | $1,469 | $66,105 | | $40 | $80 | $40 | | KANSAS | 3.5 - 6.45 % | $15,000 |
$30,001 | | $2,250 | $4,500 | $2,250 | | KENTUCKY | 2 - 6 % | $3,000 | $75,001 | | $20 | $40 | $20 | | LOUISIANA | 2 - 6 % | $12,500 | $50,001 | | $4,500 | $9,000 | $1,000 | | MAINE | 2 - 8.5 % |
$5,100 | $20,350 | | $2,850 | $5,700 | $2,850 | | MARYLAND | 2 - 5.5 % | $1,000 | $500,001 | | $3,200 | $6,400 | $3,200 | | MASSACHUSETTS | 5.3 % | Flat Rate | | $4,400 | $8,800 | $1,000 |
| MICHIGAN | 4.35 % | Flat Rate | | $3,600 | $7,200 | $4,200 | | MINNESOTA | 5.35 - 7.85 % | $23,670 | $77,731 | | $3,700 | $7,400 | $3,700 | | MISSISSIPPI | 3 - 5 % | $5,000 | $10,001 | |
$6,000 | $12,000 | $1,500 | | MISSOURI | 1.5 - 6 % | $1,000 | $9,001 | | $2,100 | $4,200 | $1,200 | | MONTANA | 1 - 6.9 % | $2,700 | $16,000 | | $2,190 | $4,380 | $2,190 | | NEBRASKA | 2.56 - 6.84 % |
$2,400 | $27,001 | | $123 | $246 | $123 | | NEVADA | No State Income Tax | | NEW HAMPSHIRE | State Income Tax of 5% on Dividends and Interest Income Only | 0 | 0 | 0 | | NEW JERSEY | 1.4 - 8.97 % | 20,000 | 500,000 | | $1,000 | $2,000 | $1,500 |
| NEW MEXICO | 1.7 - 4.9 % | 5,500 | 16,001 | | $3,700 | $7,400 | $3,700 | | NEW YORK | 4 - 8.82 % | 8,000 | 1,000,000 | | 0 | 0 | $1,000 | | NORTH CAROLINA | 6 - 7.75 % | 12,750 | 60,000 | | $1,150 | $2,300 |
$1,150 | | NORTH DAKOTA | 1.51 - 3.99 % | 35,350 | 388,350 | | $3,700 | $7,400 | $3,700 | | OHIO | 0.587 - 5.925 % | 5,100 | 204,200 | | $1,650 | $3,300 | $1,650 | | OKLAHOMA | 0.5 - 5.25 % | 1,000 | 8,701 | |
$1,000 | $2,000 | $1,000 | | OREGON | 5 - 9.9 % | 2,000 | 125,000 | | $183 | $366 | $183 | | PENNSYLVANIA | 3.07 % | Flat Rate | | | | | | RHODE ISLAND | 3.75 - 5.99 % | 57,150 | 129,900 | | $3,650 |
$7,300 | $3,650 | | SOUTH CAROLINA | 0 - 7 % | 2,800 | 14,000 | | $3,700 | $7,400 | $3,700 | | SOUTH DAKOTA | No State Income Tax | | TENNESSEE | State Income Tax of 6% on Dividends and Interest Income Only | $1,250 | $2,500 | 0 |
| TEXAS | No State Income Tax | | UTAH | 5 % | Flat Rate | | | | | | VERMONT | 3.55 - 8.95 % | 35,350 | 388,350 | | $3,700 | $7,400 | $3,700 | | VIRGINIA | 2 - 5.75 % | 3,000 | 17,001 | |
$930 | $1,860 | $930 | | WASHINGTON | No State Income Tax | | | | | | | | WEST VIRGINIA | 3 - 6.5 % | 10,000 | 60,000 | | $2,000 | $4,000 | $2,000 | | WISCONSIN | 4.6 - 7.75 % | 10,570 | 232,660 | | $700 |
$1,400 | $700 | | WYOMING | No State Income Tax | | DIST. OF COLUMBIA | 4 - 8.95 % | 10,000 | 350,000 | | $1,675 | $3,350 | $1,675 | |
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