 |
Revised 2003 Tax Rate Schedules |
| |
|
If TAXABLE INCOME |
The TAX Is |
| THEN |
|
|
Is Over |
But Not Over |
This Amount |
Plus This % |
|
Of the
Excess Over |
| SCHEDULE X
— |
|
Single
|
|
$0 |
$7,000 |
$0.00 |
10% |
|
$0.00 |
|
$7,000 |
$28,400 |
$700.00 |
15% |
|
$7,000 |
|
$28,400 |
$68,800 |
$3,910.00 |
25% |
|
$28,400 |
|
$68,800 |
$143,500 |
$14,010.00 |
28% |
|
$68,800 |
|
$143,500 |
$311,950 |
$34,926.00 |
33% |
|
$143,500 |
|
$311,950 |
-- |
$90,514.50 |
35% |
|
$311,950 |
| SCHEDULE Y-1
— |
| Married Filing
Jointly or
Qualifying
Widow(er) |
|
$0 |
$14,000 |
$0.00 |
10% |
|
$0.00 |
|
$14,000 |
$56,800 |
$1,400.00 |
15% |
|
$14,000 |
|
$56,800 |
$114,650 |
$7,820.00 |
25% |
|
$56,800 |
|
$114,650 |
$174,700 |
$22,282.50 |
28% |
|
$114,650 |
|
$174,700 |
$311,950 |
$39,096.50 |
33% |
|
$174,700 |
|
$311,950 |
-- |
$84,389.00 |
35% |
|
$311,950 |
| SCHEDULE Y-2
— |
| Married Filing
Separately |
|
$0 |
$7,000 |
$0.00 |
10% |
|
$0.00 |
|
$7,000 |
$28,400 |
$700.00 |
15% |
|
$7,000 |
|
$28,400 |
$57,325 |
$3,910.00 |
25% |
|
$28,400 |
|
$57,325 |
$87,350 |
$11,141.25 |
28% |
|
$57,325 |
|
$87,350 |
$155,975 |
$19,548.25 |
33% |
|
$87,350 |
|
$155,975 |
-- |
$42,194.50 |
35% |
|
$155,975 |
| SCHEDULE Z
— |
| Head
of Household |
|
$0 |
$10,000 |
$0.00 |
10% |
|
$0.00 |
|
$10,000 |
$38,050 |
$1,000.00 |
15% |
|
$10,000 |
|
$38,050 |
$98,250 |
$5,207.50 |
25% |
|
$38,050 |
|
$98,250 |
$159,100 |
$20,257.50 |
28% |
|
$98,250 |
|
$159,100 |
$311,950 |
$37,295.50 |
33% |
|
$159,100 |
|
$311,950 |
-- |
$87,736.00 |
35% |
|
$311,950 | | |
| |
|
