Tax Update

2015 Income Tax Rate Schedule

(for Tax Returns Due by April 18, 2016)

Taxable Income Brackets and Rates Rate Single Filers Married Joint Filers Head of Household Filers 10% Up to $9,225 Up to $18,450 Up to $13,150 15% $9,226 to $37,450 $18,451 to$74,900 $13,151 to $50,200 25% $37,451 to $90,750 $74,901 to $151,200 $50,201 to $129,600 28% $90,751 to $189,300 $151,201 to $230,450 $129,601 to $209,850 33% $189,301 to $411,500 $230,451 to $411,500 $209,851 to $411,500 35% $411,501 to 413,200 $411,501 to 464,850 $411,501 to $439,200 39.6% $413,200 + $464,850 + $439,200 +

Earned Income Credit

Filing Requirement for 2015  Source:  www.irs.gov.