May 9, 2011

CCH Predicts Tax Relief from 2015 Inflation Adjustments – part 4
September 24th, 2014

Riverwoods, Ill. (September 18, 2014) By

CCH cautioned that its projections should be used for illustrative purposes only and should not be used for federal tax returns or other tax-related purposes.

Married Filing Jointly (& Surviving Spouse)

Tax Rate

2015 Taxable Income

2014 Taxable Income

10%

$0 – $18,450

$0 – $18,150

15%

$18,450 – $74,900

$18,150 – $73,800

25%

$74,900 – $151,200

$73,800 – $148,850

28%

$151,200 – $230,450

$148,850 – $226,850

33%

$230,450 – $411,500

$226,850 – $405,100

35%

$411,500 – $464,850

$405,100 – $457,600

39.6%

$464,850+

$457,600+

 

Unmarried Individuals (Other Than Surviving Spouses and Heads of Households)

Tax Rate

2015 Taxable Income

2014 Taxable Income

10%

$0 – $9,225

$0 – $9,075

15%

$9,225 – $37,450

$9,075 – $36,900

25%

$37,450 – $90,750

$36,900 – $89,350

28%

$90,750 – $189,300

$89,350 – $186,350

33%

$189,300 – $411,500

$186,350 – $405,100

35%

$411,500 – $413,200

$405,100 – $406,750

39.6%

$413,200+

$406,750+

 

Head of Household

Tax Rate

2015 Taxable Income

2014 Taxable Income

10%

$0 – $13,150

$0 – $12,950

15%

$13,150 – $50,200

$12,950 – $49,400

25%

$50,200 – $129,600

$49,400 – $127,550

28%

$129,600 – $209,850

$127,550 – $206,600

33%

$209,850 – $411,500

$206,600 – $405,100

35%

$411,500 – $439,000

$405,100 – $432,200

39.6%

$439,000+

$432,200+

 

 

Married Individuals Filing Separate Returns

Tax Rate

2015 Taxable Income

2014 Taxable Income

10%

$0 – $9,225

$0 – $9,075

15%

$9,225 – $37,450

$9,075 – $36,900

25%

$37,450 – $75,600

$36,900 – $74,425

28%

$75,600 – $115,225

$74,425 – $113,425

33%

$115,225 – $205,750

$113,425 – $202,550

35%

$205,750 – $232,425

$202,550 – $228,800

39.6%

$232,425+

$228,800

 

Standard Deduction Amounts

Filing Status

2015

2014

Increase

Married Filing Jointly (& Surviving Spouse)

$12,600

$12,400

$200

Married Filing Separately

$6,300

$6,200

$100

Single

$6,300

$6,200

$100

Head of Household

$9,250

$9,100

$150

 

Standard Deduction for Dependents (“Kiddie” Standard Deduction)

2015

2014

Increase

$1,050

$1,000

$50

 

Personal Exemption Amounts

2015

2014

Increase

$4,000

$3,950

$50

 

Gift Tax Exclusion

2015

2014

Increase

$14,000

$14,000

$0


You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.