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Tax Rate Charts for TY2016

Individual Income Tax Rates (Federal – TY2016)
Filing Status 10% 15% 25% 26% 28% 33% 35% 39.6%
Single <9,275 <37,650 <91,150 N/A <190,150 <413,350 <415,050 >415,050
Married Joint <18,550 <75,300 <151,900 N/A <231,450 <413,350 <466,950 >466,950
Married Separate <9,275 <37,650 <75,950 N/A <115,725 <206,675 <233,475 >233,475
Head of House <13,250 <50,400 <130,150 N/A <210,800 <413,350 <441,000 >441,000
Alt. Min. Tax N/A N/A N/A <186,300 >186,300 N/A N/A N/A
PLUS: 0.9% Medicare Surtax on earned income and/or 3.8% Medicare Surtax on investment income > $200K (Single or Head of Household) and $250K (Married Joint)

Individual Income Tax Rates (California – TY2016)
Filing Status 1%
<
2%
<
4%
<
6%
<
8%
<
9.3%
<
10.3%
<
11.3%
<
12.3%
>
Single or Married Sep 8,015 19,001 29,989 41,629 52,612 268,750 322,499 537,498 537,498
Married Jt 16,030 38,002 59,978 83,258 105,224 537,500 644,998 1,074,996 1,074,996
Head of Household 16,030 38,003 48,990 60,630 71,615 365,499 438,599 730,997 730,997
AMT 7%: for income >251,626 for Single or HOH, >335,502 for Married Jt. and >167,749 for Married Sep.
PLUS: CA Mental Health Surtax of 1% on income >$1 million (all filing statuses)

Capital Gains Rates (Federal – TY2016)
Taxpayer's Tax Bracket STCG
≤ 1 year
LTCG > 1 year &
Qualified Dividends
§ 1250 Deprec. Recapture Collectibles &
§ 1202 Sm Bus Stk
10 & 15% 10 or 15% 0% Permanent 25% 28%
25 to 35% 25 to 35% 15% 25% 28%
39.6% 39.6% 20% 25% 28%
CG Rate applies to Qualified Dividends held >60 days during 120–day period beginning 60 days before ex-dividend date, incl. some preferred & foreign stocks; excluding REIT, S–Corp & Mutual Fund STCGs—Capital losses cannot offset dividends [PERMANENT] CA doesn't conform

Tax on SS Benefits w/ Excess Income
Filing Status 0% Taxed 50% Taxed 85% Taxed
Single <25K 25-34K >34K
Married Jt >32K 32-44K >44K


Corporate Income Tax Rates
(Federal – TY2016)
Taxable Income ($) Tax Rate (%)
<50,000 15
50 - 75K 25
75 – 100K 34
100 – 335K 39
335K - 10 million 34
10 – 15 million 35
15 million – 18,333,333 38
>18,333,333 35

Gift and Estate Tax Rates (TY2016)
Taxable Amount ($) Marginal Tax Rate (%)
0 - 10,000 18
10,001 - 20,000 20
20,001 – 40,000 22
40,001 – 60,000 24
60,001 - 80,000 26
80,001 – 100,000 28
100,001 – 150,000 30
150,001 – 250,000 32
250,001 – 500,000 34
500,001 – 750,000 37
750,001 – 1,000,000 39
1,000,001 and over 40


Fiduciary Income Tax Rates
(Federal – TY2016)
Taxable Income ($) Tax Rate (%)
0 - 2,550 15
2,551 - 5,950 25
5,951 – 9,050 28
9,051 – 12,400 33
>12,401 39.6
AMT Exemption $23,900




Tax Rate Charts for TY2015

Individual Income Tax Rates (Federal – TY2015)
Filing Status 10% 15% 25% 26% 28% 33% 35% 39.6%
Single <9,225 <37,450 <90,750 N/A <189,300 <411,500 <413,200 >413,200
Married Joint <18,450 <74,900 <151,200 N/A <230,450 <411,500 <464,850 >464,850
Married Separate <9,225 <37,450 <75,600 N/A <115,225 <205,750 <232,425 >232,425
Head of House <13,150 <50,200 <129,600 N/A <209,850 <411,500 <439,000 >439,000
Alt. Min. Tax N/A N/A N/A <185,400 >185,400 N/A N/A N/A
PLUS: 0.9% Medicare Surtax on earned income and/or 3.8% Medicare Surtax on investment income > $200K (Single or Head of Household) and $250K (Married Joint)

Individual Income Tax Rates (California – TY2015)
Filing Status 1%
<
2%
<
4%
<
6%
<
8%
<
9.3%
<
10.3%
<
11.3%
<
12.3%
>
Single 7,850 18,610 29,372 40,773 51,530 263,222 315,866 526,443 526,443
Married Jt 15,700 37,220 58,744 81,546 103,060 526,444 631,732 1,052,886 1,052,886
AMT 7%: for income >246,451 for Single and >328,601 for Married Joint
PLUS: CA Mental Health Surtax of 1% on income >$1 million (all filing statuses)

Capital Gains Rates (Federal – TY2015)
Taxpayer's Tax Bracket STCG
≤ 1 year
LTCG > 1 year &
Qualified Dividends
§ 1250 Deprec. Recapture Collectibles &
§ 1202 Sm Bus Stk
10 & 15% 10 or 15% 0% Permanent 25% 28%
25 to 35% 25 to 35% 15% 25% 28%
39.6% 39.6% 20% 25% 28%
CG Rate applies to Qualified Dividends held >60 days during 120–day period beginning 60 days before ex-dividend date, incl. some preferred & foreign stocks; excluding REIT, S–Corp & Mutual Fund STCGs—Capital losses cannot offset dividends [PERMANENT] CA doesn't conform

Tax on SS Benefits w/ Excess Income
Filing Status 0% Taxed 50% Taxed 85% Taxed
Single <25K 25-32K >32K
Married Jt >32K 32-44K >44K


Corporate Income Tax Rates
(Federal – TY2015)
Taxable Income ($) Tax Rate (%)
<50,000 15
50 - 75K 25
75 – 100K 34
100 – 335K 39
335K - 10 million 34
10 – 15 million 35
15 million – 18,333,333 38
>18,333,333 35

Gift and Estate Tax Rates (TY2015)
Taxable Amount ($) Marginal Tax Rate (%)
0 - 10,000 18
10,001 - 20,000 20
20,001 – 40,000 22
40,001 – 60,000 24
60,001 - 80,000 26
80,001 – 100,000 28
100,001 – 150,000 30
150,001 – 250,000 32
250,001 – 500,000 34
500,001 – 750,000 37
750,001 – 1,000,000 39
1,000,001 and over 40


Fiduciary Income Tax Rates
(Federal – TY2015)
Taxable Income ($) Tax Rate (%)
0 - 2,500 15
2,501 - 5,900 25
5,901 – 9,050 28
9,051 – 12,300 33
>12,301 39.6




Tax Rate Charts for TY2014

Individual Income Tax Rates (Federal – TY2014)
Filing Status 10% >15% 25% 26% 28% 33% 35% 39.6%
Single <9,075 <36,900 <89,350 N/A <186,350 <405,100 <406,750 >406,750
Married Joint <18,150 <73,800 <148,850 N/A <226,850 <405,100 <457,600 >457,600
Married Separate <9,075 <36,900 <74,425 N/A <113,425 <202,550 <228,800 >228,800
Head of House <12,950 <49,400 <127,750 N/A <206,600 <405,100 <432,200 >432,200
Alt. Min. Tax N/A N/A N/A <182,500 >182,500 N/A N/A N/A
PLUS: 0.9% Medicare Surtax on earned income and/or 3.8% Medicare Surtax on investment income > $200K (Single or Head of Household) and $250K (Married Joint)

Individual Income Tax Rates (California – TY2014)
Filing Status 1%
<
2%
<
4%
<
6%
<
8%
<
9.3%
<
10.3%
<
11.3%
<
12.3%
>
Single 7,749 18,371 28,995 40,350 50,869 259,844 311,812 519,687 519,687
Married Jt 15,498 36,742 57,990 80,500 101,738 519,688 623,624 1,039,374 1,039,374
AMT 7%: for income >243,288 for Single and >324,384 for Married Joint
PLUS: CA Mental Health Surtax of 1% on income >$1 million (all filing statuses)

Capital Gains Rates (Federal – TY2014)
Taxpayer's Tax Bracket STCG
≤ 1 year
LTCG > 1 year &
Qualified Dividends
§ 1250 Deprec. Recapture Collectibles &
§ 1202 Sm Bus Stk
10 & 15% 10 or 15% 0% Permanent 25% 28%
25 to 35% 25 to 35% 15% 25% 28%
39.6% 39.6% 20% 25% 28%

Tax on SS Benefits w/ Excess Income
Filing Status 0% Taxed 50% Taxed 85% Taxed
Single <25K 25-32K >32K
Married Jt >32K 32-44K >44K


Corporate Income Tax Rates
(Federal – TY2014)
Taxable Income ($) Tax Rate (%)
0 - 50,000 15
50 - 75K 25
75 – 100K 34
100 – 335K 39
335K - 10 million 34
10 – 15 million 35
15 million – 18,333,333 38
>18,333,333 35

Gift and Estate Tax Rates (TY2014)
Taxable Amount ($) Marginal Tax Rate (%)
0 - 10,000 18
10,001 - 20,000 20
20,001 – 40,000 22
40,001 – 60,000 24
60,001 - 80,000 26
80,001 – 100,000 28
100,001 – 150,000 30
150,001 – 250,000 32
250,001 – 500,000 34
500,001 – 750,000 37
750,001 – 1,000,000 39
1,000,001 and over 40


Fiduciary Income Tax Rates
(Federal – TY2014)
Taxable Income ($) Tax Rate (%)
0 - 2,500 15
2,501 - 5,800 25
5,801 – 8,900 28
8,901 – 12,150 33
>12,150 35




Tax Rate Charts for TY2013

Individual Income Tax Rates (Federal – TY2013)
Filing Status 10% 15% 25% 26% 28% 33% 35% 39.6%
Single <8,925 <36,250 <87,850 N/A <183,250 <398,350 <400K >400K
Married Joint <17,850 <72,500 <146,400 N/A <223,050 <398,350 <450K >450K
Married Separate <8,925 <36,250 <73,200 N/A <111,525 <199,175 <225K >225K
Head of House <12,750 <48,600 <125,450 N/A <203,150 <398,350 <425K >425K
Alt. Min. Tax N/A N/A N/A <179,500 >179,500 N/A N/A N/A
PLUS: 0.9% Medicare Surtax on earned income and/or 3.8% Medicare Surtax on investment income > $200K (Single or Head of Household) and $250K (Married Joint)

Individual Income Tax Rates (California – TY2013)
Filing Status 1%
<
2%
<
4%
<
6%
<
8%
<
9.3%
<
10.3%
<
11.3%
<
12.3%
>
Single 7,582 17,976 28,371 39,384 49,774 245,250 305,100 508,500 508,500
Married Jt 15,164 35,952 56,742 78,768 99,548 508,500 610,200 1,017,000 1,017,000
AMT 7%: for income >238,051 for Single and >317,401 for Married Joint
PLUS: CA Mental Health Surtax of 1% on income >$1 million (all filing statuses)

Capital Gains Rates (Federal – TY2013)
Taxpayer's Tax Bracket STCG
≤ 1 year
LTCG > 1 year &
Qualified Dividends
§ 1250 Deprec. Recapture Collectibles &
§ 1202 Sm Bus Stk
10 & 15% 10 or 15% 0% Permanent 25% 28%
25 to 35% 25 to 35% 15% 25% 28%
39.6% 39.6% 20% 25% 28%

Tax on SS Benefits w/ Excess Income
Filing Status 0% Taxed 50% Taxed 85% Taxed
Single <25K 25-32K >32K
Married Jt >32K 32-44K >44K


Corporate Income Tax Rates
(Federal – TY2013)
Taxable Income ($) Tax Rate (%)
0 - 50,000 15
50 - 75K 25
75 – 100K 34
100 – 335K 39
335K - 10 million 34
10 – 15 million 35
15 million – 18,333,333 38
>18,333,333 35

Gift and Estate Tax Rates (TY2013)
Taxable Amount ($) Marginal Tax Rate (%)
0 - 10,000 18
10,001 - 20,000 20
20,001 – 40,000 22
40,001 – 60,000 24
60,001 - 80,000 26
80,001 – 100,000 28
100,001 – 150,000 30
150,001 – 250,000 32
250,001 – 500,000 34
500,001 – 750,000 37
750,001 – 1,000,000 39
1,000,001 and over 40


Fiduciary Income Tax Rates
(Federal – TY2013)
Taxable Income ($) Tax Rate (%)
0 - 2,450 15
2,451 - 5,700 25
5,701 – 8,750 28
8,751 – 11,950 33
>11,950 35




Tax Rate Charts for TY2012

Individual Income Tax Rates (Federal – TY2012)
Filing Status 10% >15% 25%
NOTE: Marriage Penalty
26% 28%
NOTE: Marriage Penalty
33% 35%
Single <8,700 <35,350 <85,650 N/A <178,650 <388,350 >388,350
Married Joint <17,400 <70,700 <142,700 N/A <217,450 <388,350 >388,350
Married Separate <8,700 <35,350 <71.350 N/A <108,725 <194,175 >194,175
Head of House <12,400 <47,350 <122,300 N/A <198,050 <388,350 >388,350
Alt. Min. Tax N/A N/A N/A <175K >175K N/A N/A

Individual Income Tax Rates (California – TY2012)
Filing Status 1% 2% 4% 6% 8% 9.3% 10.3% 11.3% 12.3%
Single or Married Separate <7,455 <17,676 <27,897 <38,726 <48,942 <250K <300K <500K >500K
Married Joint or RDP <14,910 <35,352 <55,794 <77,452 <97,884 <500K <600K <1million >1million
Head of House <14,920 <35,351 <45,571 <56,400 <66,618 <340K <408K <680K >680K
PLUS: CA Mental Health Surtax of 1% on income >$1 million (all filing statuses)

Capital Gains Rates (Federal – TY2012)
Taxpayer’s Tax Bracket STCG
≤ 1 year
LTCG > 1 year &
Qualified Dividends
§ 1250 Deprec. Recapture Collectibles &
§ 1202 Sm Bus Stk
10 & 15% 10 or 15% 0% 25% 28%
25 to 35% 25 to 35% 15% 25% 28%

Tax on SS Benefits w/ Excess Income
Filing Status 0% Taxed 50% Taxed 85% Taxed
Single <25K 25-32K >32K
Married Jt >32K 32-44K >44K


Corporate Income Tax Rates
(Federal – TY2012)
Taxable Income ($) Tax Rate (%)
0 - 50,000 15
50 - 75K 25
75 – 100K 34
100 – 335K 39
335K - 10 million 34
10 – 15 million 35
15 million – 18,333,333 38
>18,333,333 35

Gift and Estate Tax Rates (TY2012)
Taxable Amount ($) Marginal Tax Rate (%)
0 - 10,000 18
10,001 - 20,000 20
20,001 – 40,000 22
40,001 – 60,000 24
60,001 - 80,000 26
80,001 – 100,000 28
100,001 – 150,000 30
150,001 – 250,000 32
250,001 – 500,000 34
500,001 and over 35


Fiduciary Income Tax Rates
(Federal – TY2012)
Taxable Income ($) Tax Rate (%)
0 - 2,400 15
2,401 - 5,600 25
5,601 – 8,500 28
8,501 – 11,650 33
>11,650 35





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