Please note: Tax rates are for the 2020 tax year and will be updated to the 2021 rates after April 15, 2021.
Married Filing Jointly
Rate |
Minimum |
Maximum |
10% |
$0 |
$19,750 |
12% |
$19,751 |
$80,250 |
22% |
$80,251 |
$171,050 |
24% |
$171,051 |
$326,600 |
32% |
$326,601 |
$414,700 |
35% |
$414,701 |
$622,050 |
37% |
$622,051 |
N/A |
Married Filing Separately
Rate |
Minimum |
Maximum |
10% |
$0 |
$9,875 |
12% |
$9,876 |
$40,125 |
22% |
$40,126 |
$85,525 |
24% |
$85,526 |
$163,300 |
32% |
$163,301 |
$207,350 |
35% |
$207,351 |
$311,025 |
37% |
$311,026 |
N/A |
Single
Rate |
Minimum |
Maximum |
10% |
$0 |
$9,875 |
12% |
$9,876 |
$40,125 |
22% |
$40,126 |
$85,525 |
24% |
$85,526 |
$163,300 |
32% |
$163,301 |
$207,350 |
35% |
$207,351 |
$518,400 |
37% |
$518,401 |
N/A |
Head of Household
Rate |
Minimum |
Maximum |
10% |
$0 |
$14,100 |
12% |
$14,101 |
$53,700 |
22% |
$53,701 |
$85,500 |
24% |
$85,501 |
$163,300 |
32% |
$163,301 |
$207,350 |
35% |
$207,351 |
$518,400 |
37% |
$518,401 |
N/A |
This content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation.