Free Quote

News

Federal Withholding Tax Tables – 2013

Posted on: January 10th, 2013

Share this:

Businesses and individuals should be aware of the projected federal withholding tax tables – 2013. The IRS will be releasing official tax tables in the near future.

Single Individuals

If taxable income is: The tax will be:
Not over $8,925 10% of taxable income
Over $8,925 but not over $36,250 $892.50 plus 15% of the excess over $8,925
Over $36,250 but not over $87,850 $4,991.25 plus 25% of the excess over $36,250
Over $87,850 but not over $183,250 $17,891.25 plus 28% of the excess over $87,850
Over $183,250 to $398,350 $44,603.25 plus 33% of the excess over $183,250
Over $398,350 to $400,000 $115,586.25 plus 35% of the excess over $398,350
Over $400,000 $116,163.75 plus 39.6% of the excess over $400,000

Married Couples Filing Jointly

If taxable income is: The tax will be:
Not over $17,850 10% of taxable income
Over $17,850 but not over $72,500 $1,785 plus 15% of the excess over $17,850
Over $72,500 but not over $146,400 $9,982.50 plus 25% of the excess over $72,500
Over $146,400 but not over $223,050 $28,457.50 plus 28% of the excess over $146,400
Over $223,050 but not over $398,350 $49,919.50 plus 33% of the excess over $223,050
Over $398,350 but not over $450,000 $107,768.50 plus 35% of the excess over $398,350
Over $450,000 $125,846 plus 39.6% of the excess over $450,000


Share this:

Tags: , , , , ,