D'Arcangelo and Co., LLP
2007 Individual Income Tax Rates
| 2007 Individual Income Tax Rates |
If TAXABLE INCOME
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The TAX Is
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THEN
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| Is Over | But Not Over | This Amount | Plus This % | Of the Excess Over | |||
| SCHEDULE X — | |||||||
| Single | $0 | $7,825 | $0.00 | 10% | $0.00 | ||
| $7,825 | $31,850 | $782.50 | 15% | $7,825 | |||
| $31,850 | $77,100 | $4,386.25 | 25% | $31,850 | |||
| $77,100 | $160,850 | $15,698.75 | 28% | $77,100 | |||
| $160,850 | $349,700 | $39,148.75 | 33% | $160,850 | |||
| $349,700 | -- | $101,469.25 | 35% | $349,700 | |||
| SCHEDULE Y-1 — | |||||||
| Married Filing Jointly or Qualifying Widow(er) | $0 | $15,650 | $0.00 | 10% | $0.00 | ||
| $15,650 | $63,700 | $1,565.00 | 15% | $15,650 | |||
| $63,700 | $128,500 | $8,772.50 | 25% | $63,700 | |||
| $128,500 | $195,850 | $24,972.50 | 28% | $128,500 | |||
| $195,850 | $349,700 | $43,830.50 | 33% | $195,850 | |||
| $349,700 | -- | $94,601.00 | 35% | $349,700 | |||
| SCHEDULE Y-2 — | |||||||
| Married Filing Separately | $0 | $7,825 | $0.00 | 10% | $0.00 | ||
| $7,825 | $31,850 | $782.50 | 15% | $7,825 | |||
| $31,850 | $64,250 | $4,386.25 | 25% | $31,850 | |||
| $64,250 | $97,925 | $12,486.25 | 28% | $64,250 | |||
| $97,925 | $174,850 | $21,915.25 | 33% | $97,925 | |||
| $174,850 | -- | $47,300.50 | 35% | $174,850 | |||
| SCHEDULE Z — | |||||||
| Head of Household | $0 | $11,200 | $0.00 | 10% | $0.00 | ||
| $11,200 | $42,650 | $1,120.00 | 15% | $11,200 | |||
| $42,650 | $110,100 | $5,837.50 | 25% | $42,650 | |||
| $110,100 | $178,350 | $22,700.00 | 28% | $110,100 | |||
| $178,350 | $349,700 | $41,810.00 | 33% | $178,350 | |||
| $349,700 | -- | $98,355.50 | 35% | $349,700 | |||