Fed Tax Brackets
2016 - 2017
Tax season is here again and it's easy to
get a ballpark figure of where you stand with
the IRS by using our federal tax brackets table
below and the federal tax calculators to determine
your tax liability. The fed tax brackets table
will help calculate tax brackets and rates for
income, Medicare, and social security taxes.
Federal Tax Brackets
and Rates Table
say, there is nothing more certain than death
and taxes. Unfortunately taxes can't wait without
Using our fed tax brackets table along with
a federal tax calculator link above, you can
determine your estimated tax liability along
with your average and marginal federal income
It's a wise choice to perform several tax
calculations each year in order to stay on top
of your tax liabilities.
Without proper tax planning your annual tax
liability can spin right out of control leaving
you with a large year-end tax bill or a substantial
refund you could have kept the whole time.
Fed Tax Brackets Rates Table:
Our interactive federal tax brackets calculation
table is an easy tool to use that can help you
figure out your federal income tax.
Just select your filing status and the tax year
you are filing, i.e. the year you earned the
money your filing your tax return for.
Once you have selected your filing status
and tax year, the current tax rates for all
fed tax brackets will be presented to you with
automatic results based on selections from the
From 2000 to 2002 most fed tax brackets dropped
by one percent, and there was a new lower federal
tax bracket added at the very bottom. In 2003
most fed tax brackets got an additional cut
of two percent with the top tax brackets getting
the biggest break. And you wonder why the feds
can't balance the budget...
December of 2010, All tax brackets were frozen
through 2012 at their current rates as Congress
made those tax freeze changes legal.
Had Congress not acted before the New Year,
all tax brackets rates would have automatically
reverted to where they were in 2000, meaning
a big tax rate increase for everybody. So with
all tax rates temporarily frozen, all fed tax
brackets were set to remain at their previous
levels until after the twenty twelve elections.
TurboTax and HR Block tax calculators make
computing taxes fast, easy and accurate.
These fed tax brackets, rates and income
tax calculators make the job of preparing tax
returns easier and more accurate. You can use
these calculators to get the correct result
for your deductions, credits and taxes due.
Online Tax Filing and
Online Tax Preparation offer
federal income tax calculators that perform
complex computations for each line of your income
tax form. These are Internal Revenue Service
approved calculators and are wise choices since
some calculators may not give you the answer
that the IRS needs and you can wind up with
Your Federal Tax Bracket helps you determine
your income tax rate which is the rate you pay
on your total taxable dollars earned during
the tax year. This is the net amount of earnings
after deductions have been taken.
Different tax rates are applied by portion
to determine your overall tax amount due, as
income increases into another tax bracket that
portion falling within the next bracket is taxed
at that new higher tax rate.
After all your fed tax bracket
rates are calculated for each tax bracket
portion of income, your overall average tax
rate can be determined using a tax calculator