What to Pay - 2011 Tax Brackets

MAIN Your Money Taxes 2011 Tax Schedules

It's tax time again.

For those of you who are new to the process (or just willfully unknowledgeable - ignorance is bliss!) you've nevertheless most likely heard that you should expect to pay about a 1/3 of what you've earned to Uncle Sam come April 15, 2012.

While the "pay a 1/3" rule is a good approximation, check out the 2011 IRS Tax Schedules below for a clearer explanation of tax brackets and how the percentages are calculated, depending on whether you are filing as Single, Married filing jointly, Married filing separately or as Head of household.

Check out this first tax table for a general overview to find out what tax bracket best fits your income and filing status.

Tax Bracket	Single	Married Filing Jointly	Head of Household
10% Bracket	$0 – $8,500	$0 – $17,000	$0 – $12,150
15% Bracket	$8,500 – $34,500	$17,000 – $69,000	$12,150 – $46,250
25% Bracket	$34,500 – $83,600	$69,000 – $139,350	$46,250 – $119,400
28% Bracket	$83,600 – $174,400	$139,350 – $212,300	$119,400 – $193,350
33% Bracket	$174,400 – $379,150	$212,300 – $379,150	$193,350 – $379,150
35% Bracket	$379,150+	$379,150+	$379,150+

Schedule X—If your filing status is Single

Taxable Income	Taxes Due
$0 – $8,500	10% of taxable income
$8,500 – $34,500	$850 plus 15% of excess over $8,500
$34,500 – $83,600	$4,750 plus 25% of excess over $34,500
$83,600 – $174,400	$17,025 plus 28% of excess over $83,600
$174,400 – $379,150	$42,449 plus 33% of excess over $174,400
$379,150+	$110,016.50 plus 35% of excess over $379,150

Schedule Y-1—If your filing status is Married filing jointly or Qualifying widow(er)

Taxable Income	Taxes Due
$0 – $17,000	10% of taxable income
$17,000 – $69,000	$1,700 plus 15% of excess over $17,000
$69,000 – $139,350	$9,500 plus 25% of excess over $69,000
$139,350 – $212,300	$27,087.50 plus 28% of excess over $139,350
$212,300 – $379,150	$47,513.50 plus 33% of excess over $212,300
$379,150+	$102,574 plus 35% of excess over $379,150

Schedule Y-2—If your filing status is Married filing separately

Taxable Income	Taxes Due
$0 – $8,500	10% of taxable income
$8,500 – $34,500	$850 plus 15% of excess over $8,500
$34,500 – $69,675	$4,750 plus 25% of excess over $34,500
$69,675 – $106,150	$13,543.75 plus 28% of excess over $69,675
$106,150 – $189,575	$23,756.75 plus 33% of excess over $106,150
$189,575+	$51,287 plus 35% of excess over $189,575

Schedule Z—If your filing status is Head of household

Taxable Income	Taxes Due
$0 – $12,150	10% of taxable income
$12,150 – $46,250	$1,215 plus 15% of excess over $12,150
$46,250 – $119,400	$6,330 plus 25% of excess over $46,250
$119,400 – $193,350	$24,617.50 plus 28% of excess over $119,400
$193,350 – $379,150	$45,323.50 plus 33% of excess over $193,350
$379,150+	$106,637.50 plus 35% of excess over $379,150

More about tax rates around the Web:

State Comparisons - Income Tax Rates

Corporate & Individual Tax Rates

Also see in Taxes -> Tax Forms & Instructions by U.S. State

1040, 1040 EZ & Other IRS Tax Forms

Tax Filing Tips | How to Avoid an IRS Audit