2016 Income Tax Season
Tax Rate Schedules
single individuals
| Taxable Income | Minimum Income Tax for Strata |
Rate on additional amounts until NEXT strata |
| $ 0 | $ 0 | 10% |
| $ 9325 | $ 932.50 | 15% |
| $ 37951 | $ 5226.25 | 25% |
| $ 91901 | $ 18713.75 | 28% |
| $ 191651 | $ 46643.75 | 33% |
| $ 416700 | $ 120910.25 | 35% |
| $ 413201 | $ 119966.25 | 39.6% |
Head of Household
| Taxable Income | Minimum Income Tax for Strata |
Rate on additional amounts until NEXT strata |
| $ 0 | $ 0 | 10% |
| $ 13351 | $ 1335.00 | 15% |
| $ 50801 | $ 6952.50 | 25% |
| $ 131201 | $ 27052.50 | 28% |
| $ 212501 | $ 49816.50 | 33% |
| $ 416701 | $ 117202.50 | 35% |
| $ 444551 | $ 126950.00 | 39.6% |
Married or Qualifying Widow(er)
| Taxable Income | Minimum Income Tax for Strata |
Rate on additional amounts until NEXT strata |
| $ 0 | $ 0 | 10% |
| $ 18651 | $ 1865.00 | 15% |
| $ 75901 | $ 10452.50 | 25% |
| $ 153101 | $ 29752.50 | 28% |
| $ 233351 | $ 52222.50 | 33% |
| $ 416701 | $ 112728.00 | 35% |
| $ 470701 | $131628.00 | 39.6% |
Married, but Filing Separately
| Taxable Income | Minimum Tax for Strata |
Rate on additional amounts until NEXT strata |
| $ 0 | $ 0 | 10% |
| $ 9325 | $ 932.50 | 15% |
| $ 37951 | $ 5226.25 | 25% |
| $ 76551 | $14876.25 | 28% |
| $ 116676 | $ 26111.25 | 33% |
| $ 208351 | $ 56364.00 | 35% |
| $ 235351 | $ 65814.00 | 39.6% |
Corporate Tax Rates
| Taxable Income | Minimum Tax for Strata | Rate on additional amounts until NEXT strata | |
| $ 0 | $ 0 | 15% | |
| $ 50000 | $ 7500 | 25% | |
| $ 75000 | $ 13750 | 34% | |
| $ 100000 | $ 22250 | 39% | |
| $ 335000 | $ 113900 | 34% | |
| $ 10KK | $ 3,400,000 | 35% | |
| $ 15KK | $ 5,150,000 | 38% | |
| $ 18,333,333 | straight percentage | 35% on all |
Trusts & Estates Tax Rates
| Taxable Income | Minimum Tax for Strata |
Rate on additional amounts until NEXT strata |
| $ 0 | $ 0 | 15% |
| $ 2501 | $375 | 25% |
| $ 5901 | $ 1225 | 28% |
| $ 9051 | $ 2107 | 33% |
| $ 12301 | $ 3179.50 | 39.6% |