What to Pay - 2009 Tax Schedules

MAIN Your Money Taxes 2009 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, 2010.

While the "pay a 1/3" rule is a good approximation, check out the 2009 IRS Tax Schedules below for a clearer explanation of tax brackets and how the percentages are calculated, depending on whether your filing as Single, Married filing jointly, Married filing separately or as Head of household.

Schedule X—If your filing status is Single

If your taxable income is: Over—	But not over—	The tax is:	of the amount over—
$0	$8,350	--------- +10%	$0
$8,350	33,950	$835 + 15%	$8,350
33,950	82,250	4,675 + 25%	33,950
82,250	171,550	16,750 + 28%	82,250
171,550	372,950	41,754 + 33%	171,550
372,950	--------	108,216 + 35%	372,950

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

If your taxable income is: Over—	But not over—	The tax is:	of the amount over—
$0	16,700	--------- +10%	$0
16,700	67,900	$1,670 + 15%	16,700
67,900	137,050	9.350 + 25%	67,900
137,050	200,300	26,637.50 + 28%	137,050
208,850	372,950	46,741.50 + 33%	208,850
372,950	--------	100,894.50 + 35%	372,950

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

If your taxable income is: Over—	But not over—	The tax is:	of the amount over—
$0	8,350	--------- +10%	$0
$8,350	33,950	$835 + 15%	$8,350
33,950	68,525	4,675 + 25%	33,950
68,525	104,425	13,318.75 + 28%	68,525
104,425	186,475	23,370.75 + 33%	104,425
186,475	--------	50,447.25 + 35%	186,475

Schedule Z—If your filing status is Head of household

If your taxable income is: Over—	But not over—	The tax is:	of the amount over—
$0	$11,950	--------- +10%	$0
11,950	45,500	$1,195 + 15%	11,950
45,500	117,450	6,227.50 + 25%	45,500
117,450	190,200	24,215 + 28%	117,450
190,200	372,950	44,585 + 33%	190,200
372,950	--------	104,892.50 + 35%	372,950

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