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2007 Tax Rate Schedules

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Here are the tax rate schedules for 2007:

Single People:

If your taxable income is $7,825 or less, then your tax is 10% of your taxable income.
If your taxable income is over $7,825 but not over $31,850, then your tax is $782.50 plus 15% of the amount over $7,825
If your taxable income is over $31,850 but not over $77,100, then your tax is $4,386.25 plus 25% of the amount over $31,850.
If your taxable income is over $77,100 but not over $160,850, then your tax is $15,698.75 plus 28% of the amount over $77,100.
If your taxable income is over $160,850 but not over $349,700, then your tax is $39,148.75 plus 33% of the amount over $160,850.
If your taxable income is over $349,700, then your tax is $101,469.25 plus 35% of the amount over $349,700.

Married People Filing a Joint Return or Qualifying Widow(er)s:

If your taxable income is $15,100 or less, then your tax is 10% of your taxable income.
If your taxable income is over $15,100 but not over $61,300, then your tax is $1,510 + 15% of the amount over $15,100.
If your taxable income is over $61,300 but not over $123,700, then your tax is $8,440 + 25% of the amount over $61,300.
If your taxable income is over $123,700 but not over $188,450, then your tax is $24,040 + 28% of the amount over $123,700.
If your taxable income is over $188,450 but not over $336,550, then your tax is $42,170 + 33% of the amount over $188,450.
If your taxable income is over $336,550, then your tax is $91,043 + 35% of the amount over $336,550.

Married People Filing a Separate Return:

If your taxable income is $7,550 or less, then your tax is 10% of your taxable income.
If your taxable income is over $7,550 but not over $30,650, then your tax is $755 + 15% of the amount over $7,550.

If your taxable income is over over $30,650 but not over $61,850, then your tax is $4,220 + 25 percent of the amount over $30,650.
If your taxable income is over $61,850 but not over $94,225, then your tax is $12,020 + 28 percent of the amount over $61,850.
If your taxable income is over $94,225 but not over $168,275, then your tax is $21,085 + 33 percent of the amount over $94,225.
If your taxable income is over $168,275, then your tax is $45,521.50 + 35 percent of the amount over $168,275.

Head of Household:

If your taxable income is $10,750 or less, then your tax is 10% of your taxable income.
If your taxable income is over $10,750 but not over $41,050, then your tax is $1,075 + 15 percent of the amount over $10,750.
If your taxable income is over $41,050 but not over $106,000, then your tax is $5,620 + 25 percent of the amount over $41,050.
If your taxable income is over $106,000 but not over $171,650, then your tax is $21,857.50 + 28 percent of the amount over $106,000.
If your taxable income is over $171,650 but not over $336,550, then your tax is $40,239.50 + 33 percent of the amount over $171,650.
If your taxable income is over $336,550, then your tax is $94,656.50 + 35 percent of the amount over $336,550.

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