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Tax Rates

 

2007 Tax Rates - Single Taxpayers - Standard Deduction $5,350

10%
0 to 7,825
15%

7,826 to 31,850

25%

31,851 to 77,100

28%

77,101 – 160,850

33%

160,851 – 349,700

35%

Over 349,700

2007 Tax Rates - Married Jointly & Surviving Spouses - Standard Deduction $10,700

10%

0 – 15,650

15%

15,651 - 63,700

25%

63,701 - 128,500

28%

128,501 - 195,850

33%

195,851 - 349,700

35%

Over 349,700

2007 Tax Rates - Married Filing Separately - Standard Deduction $5,350

10%

0 – 7,825

15%

7,826 – 31,850

25%

31,851 – 64,250

28%

64,251 – 97,925

33%

97,926 – 174,850

35%

Over 174,850

2007 Tax Rates - Head of Household - Standard Deduction $7,850

10%

1 – 11,200

15%

11,201 – 42,650

25%

42,651 – 110,100

28%

110,101 – 178,350

33%

178,351 – 349,700

35%

Over 349,700

 

1254 Remington Rd, Ste A
Schaumburg, IL 60173
Phone: 630-766-9401
Fax: 630-766-9403