What are the current tiers of U.S. personal income tax? What is the tax rate for each level, it is b

Updated on society 2024-04-24
3 answers
  1. Anonymous users2024-02-08

    Legal Analysis: The U.S. personal income tax rate is generally divided into 7 categories, namely 10%, 15%, 25%, 28%, 33%, 35% and these 7 levels. If your income is $0,9275, then you only need to pay 10% of the tax.

    If your income is more than $415,050, the tax rate will apply. The specific tax paid depends on the actual situation of your income. U.S. personal income tax refers to the U.S. federal, state, and local** taxes levied on an individual's income.

    According to the different levels of collection, it is divided into federal personal income tax, state personal income tax and local personal income tax, of which the federal personal income tax is the main one. The federal individual income tax is taxed on the individual who obtains the income and the individual gross income is taxed. Gross income of an individual refers to the balance of all income of an individual minus the items not included.

    1] Legal basis: Article 3 of the Individual Income Tax Law: 1. Income from wages and salaries shall be subject to the progressive tax rate of excess, with a tax rate of 3% to 45% (the tax rate table is attached).

    Individual Income Tax Rate Table 1 (Applicable to Income from Wages and Salaries) Level Monthly Taxable Income Tax Rate (%)

  2. Anonymous users2024-02-07

    The 2017 tax reform bill retains the previous seven-level excess progressive form of federal personal income tax, but lowers the tax rate and adjusts the bracket. From 2018-2025, the seven-tier tax rate will change to % and 37%.

  3. Anonymous users2024-02-06

    The U.S. personal income tax implements a uniform progressive tax rate for excess, with the tax rates being and , divided into seven levels.

    In the United States, tax filers are divided into four categories: single, married, head of household, widower or widow, each of which has its own applicable tax rate schedule, which is adjusted annually based on a certain index.

    1. Tax rate for single status. 10: Earnings less than $9,875;

    12: Revenues between $9,876 and $40,125;

    22: Revenues between $40,126 and $85,525;

    24: Revenues between $85,526 and $163,300;

    32: Revenues between US$163,301 and US$207,350;

    35: Revenues between $207,351 and $518,400;

    37: Revenues over $518,400.

    2. Married separate tax rate. 10: Earnings less than $9,875;

    12: Revenues between $9,876 and $40,125;

    22: Revenues between $40,126 and $85,525;

    24: Revenues between $85,526 and $163,300;

    32: Revenues between US$163,301 and US$207,350;

    35: Revenues between $207,351 and $311,025;

    37: Revenue over $311,026.

    3. Married joint tax return tax rate. 10: Revenue less than $19,750;

    12: Income between $19,751 and $80,250;

    22: Revenues between $80,251 and $171,050;

    24: Revenues between US$171,051 and US$326,600;

    32: Revenues between $326,601 and $414,700;

    35: Revenues between US$414,701 and US$622,050;

    37: Revenues over $622,051.

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