D'Arcangelo & Co., LLP
2006 - 2007 Trust and Estate Income Tax Rates

 

2006 Trust and Estate Income Tax Rates
If TAXABLE INCOME
The TAX Is
  
THEN
  
Is Over But Not Over This Amount Plus This %   Of the Excess Over
   
$0
$2,050
$0.00
15%
$0.00
 
$2,050
$4,850
$307.50
25%
$2,050
 
$4,850
$7,400
$1,007.50
28%
$4,850
 
$7,400
$10,050
$1,721.50
33%
$7,400
 
$10,050
--
$2,596.00
35%
$10,050
     

 

2007 Trust and Estate Income Tax Rates
If TAXABLE INCOME
The TAX Is
  
THEN
  
Is Over But Not Over This Amount Plus This %   Of the Excess Over
   
$0
$2,150
$0.00
15%
$0.00
 
$2,150
$5,000
$322.50
25%
$2,150
 
$5,000
$7,650
$1,035.00
28%
$5,000
 
$7,650
$10,450
$1,777.00
33%
$7,650
 
$10,450
--
$2,701.00
35%
$10,450