Exam Ref Page 2016 - ACCT 4353 If taxable income is over $0...

Info icon This preview shows pages 1–2. Sign up to view the full content.

ACCT 4353 Exam Reference Page Neuman, Spring 2016 2015 Federal Tax Rate Schedule: Single If taxable income is over: But not over: The tax is: $0 $9,225 10% of taxable income $9,225 $37,450 $922.50 plus 15% of the amount over $9,225 $37,450 $90,750 $5,156.25 plus 25% of the amount over $37,450 $90,750 $189,300 $18,481.25 plus 28% of the amount over $90,750 $189,300 $411,500 $46,075.25 plus 33% of the amount over $189,300 $411,500 $413,200 $119,401.25 plus 35% of the amount over $411,500 $413,200 No limit $119,996.25 plus 39.6% of the amount over $413,200 2015 Federal Tax Rate Schedule: Married Filing Jointly or Surviving Spouse If taxable income is over: But not over: The tax is: $0 $18,450 10% of taxable income $18,450 $74,900 $1,845.00 plus 15% of the amount over $18,450 $74,900 $151,200 $10,312.50 plus 25% of the amount over $74,900 $151,200 $230,450 $29,387.50 plus 28% of the amount over $151,200 $230,450 $411,500 $51,577.50 plus 33% of the amount over $230,450 $411,500 $464,850 $111,324.00 plus 35% of the amount over $411,500 $464,850 No limit $129,996.50 plus 39.6% of the amount over $464,850 Filing Status 2015 Standard Deduction Additional Deduction Married Filing Jointly $12,600 $1,250 Qualifying Widow(er) $12,600 $1,250 Married Filing Separately $6,300 $1,250 Head of Household $9,250 $1,550 Single $6,300 $1,550 2015 Federal Tax Rate Schedule: Head of Household If taxable income is over: But not over: The tax is: $0 $13,150
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Image of page 2
This is the end of the preview. Sign up to access the rest of the document.
  • Spring '15
  • Taxation in the United States, tax rate schedule, Neuman, federal tax rate

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern