PRIOR YEAR TAX INFO: use as reference only!


TAX RATES FOR 2003

The rates and brackets have changed -- click here for that info


MARRIED FILING JOINT RETURN and SURVIVING SPOUSE (QUALIFYING WIDOW/ER)
If Taxable Income Is: The Tax Is:
Not Over $14,00010% of the taxable income
Over $14,000 but not over $56,800 $1,400 plus 15% of excess over $14,000
Over $56,800 but not over $114,650 $7,820 plus 25% of excess over $56,800
Over $114,650 but not over $174,700 $22,282.50 plus 28% of excess over $114,650
Over $174,700 but not over $311,950 $39,096.50 plus 33% of excess over $174,700
Over $311,950 $84,389 plus 35% of excess over $311,950

MARRIED FILING SEPARATE
If Taxable Income Is: The Tax Is:
Not over $7,000 10% of the taxable income
Over $7,000 but not over $28,400 $700 plus 15% of the excess over $7,000
Over $28,400 but not over $57,325 $3,910 plus 25% of the excess over $28,400
Over $57,325 but not over $87,350 $11,141.25 plus 28% of the excess over $57,325
Over $87,350 but not over $155,975$19,548.25 plus 33% of the excess over $87,350
Over $155,975$42,194.50 plus 35% of the excess over $155,975

HEAD OF HOUSEHOLD
If Taxable Income Is: The Tax Is:
Not Over $10,000 10% of the taxable income
Over $10,000 but not over $38,050$1,000 plus 15% of excess over $10,000
Over $38,050 but not over $98,250 $5,207.50 plus 25% of the excess over $38,050
Over $98,250 but not over $159,100 $20,257.50 plus 28% of the excess over $98,250
Over $159,100 but not over $311,950$37,295.50 plus 33% of the excess over $159,100
Over $311,950$87,736 plus 35% of the excess over $311,950

SINGLE
If Taxable Income Is: The Tax Is:
Not over $7,000 10% of the taxable income
Over $7,000 but not over $28,400$700 plus 15% of the excess over $7,000
Over $28,400 but not over $68,800 $3,910 plus 25% of the excess over $28,400
Over $68,800 but not over $143,500 $14,010 plus 28% of the excess over $68,800
Over $143,500 but not over $311,950$34,926 plus 33% of the excess over $143,500
Over $311,950$90,514.50 plus 35% of the excess over $311,950


New for 2003 Standard Deductions/Personal Exemption Other Tax Adjustments


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