Income Tax Brackets for 2020 returns

  • Singles--up to $9,875 in income, your tax rate is 0. If your income is between $9,875 - $40,125, your tax is $987.50 plus 12 percent over the amount of $9,875. If your income is between $40,126 - $85,525, your tax is $4,617.50 plus 22 percent over $40,125. If your income is between $85,526 - $163,000 then your tax is $14,605.50 plus 24 percent of the amount over $85,525. For higher income thresholds, visit irs.gov websites.

  • Marrieds: up to $19,750- no tax. If your income is between $19751-$80,250, your tax is $1,975 plus 12 percent over $19,750. If your income is between $80,251 -$171,050, your tax is $9,235 plus 22 percent over $80,250. If your income is $171,051 - $326,600, your tax is $29,211 plus 24 percent over $171,050. For higher income thresholds, visit irs.gov websites.

  • Head of Households: Up to $14,100- no tax. If your income is between $14,101 - $53,700, your tax is $1,410 plus 12 percent over $14,100. If your income is between $53,701 and $85,500, your tax is $6,162 plus 22 percent over $53,700. If your income is between $85,501- $163,300, your tax is $13,158 plus 24 percent of the amount over $85,500. For higher income thresholds, visit irs.gov websites.