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2015 Federal Tax Bracket

The Federal income tax has 7 tax brackets: 10%, 15%, 25%, 28%, 33%, 35%, and 39.6%. The amount of tax you owe depends on your filing status and income level.

It’s important to realize that moving into a higher tax bracket does not mean that all of your income will be taxed at a higher rate. Instead, only the money that you earn within a particular tax bracket is subject to that particular tax rate.

  • Tax Bracket for Single Tax Filers
  • Taxable Income Tax Rate
    $0 to $9,225 10%
    $9,226 to $37,450 $922.50 plus 15% of the amount over $9,225
    $37,451 to $90,750 $5,156.25 plus 25% of the amount over $37,450
    $90,751 to $189,300 $18,481.25 plus 28% of the amount over $90,750
    $189,301 to $411,500 $46,075.25 plus 33% of the amount over $189,300
    $411,501 to $413,200 $119,401.25 plus 35% of the amount over $411,500
    $413,201 or more $119,996.25 plus 39.6% of the amount over $413,200
  • Tax Bracket for Married Filing Jointly or Qualifying Widow
  • Taxable Income Tax Rate
    $0 to $18,450 10%
    $18,451 to $74,900 $1,845.00 plus 15% of the amount over $18,450
    $74,901 to $151,200 $10,312.50 plus 25% of the amount over $74,900
    $151,201 to $230,450 $29,387.50 plus 28% of the amount over $151,200
    $230,451 to $411,500 $51,577.50 plus 33% of the amount over $230,450
    $411,501 to $464,850 $111,324.00 plus 35% of the amount over $411,500
    $464,851 or more $129,996.50 plus 39.6% of the amount over $464,850
  • Married Filing Separately Tax Bracket
  • Taxable Income Tax Rate
    $0 to $9,225 10%
    $9,226 to $37,450 $922.50 plus 15% of the amount over $9,225
    $37,451 to $75,600 $5,156.25 plus 25% of the amount over $37,450
    $75,601 to $115,225 $14,693.75 plus 28% of the amount over $75,600
    $115,226 to $205,750 $25,788.75 plus 33% of the amount over $115,225
    $205,751 to $232,425 $55,662.00 plus 35% of the amount over $205,750
    $232,426 or more $64,998.25 plus 39.6% of the amount over $232,425
  • Head of Household Tax Bracket
  • Taxable Income Tax Rate
    $0 to $13,150 10%
    $13,151 to $50,200 $1,315.00 plus 15% of the amount over $13,150
    $50,201 to $129,600 $6,872.50 plus 25% of the amount over $50,200
    $129,601 to $209,850 $26,772.50 plus 28% of the amount over $129,600
    $209,851 to $411,500 $49,192.50 plus 33% of the amount over $209,850
    $411,501 to $439,000 $115,737.00 plus 35% of the amount over $411,500
    $439,001 or more $125,362.00 plus 39.6% of the amount over $439,000
  • 2015 Personal Exemption Amounts
  • You are allowed to claim one personal exemption for yourself and one for your spouse (if married). However, if somebody else can list you as a dependent on their tax return, you are not permitted to claim a personal exemption for yourself.
  • For tax year 2015, the personal exemption amount is $4,000 (up from $3,950 in 2014).
  • The personal exemption amount “phases out” for taxpayers with higher incomes. The Personal Exemption Phaseout (PEP) thresholds are as follows:

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