|
|
If
Taxpayer's Income Is... |
Then
Estimated Taxes Are... |
Between
|
But
Not Over |
Base
Tax |
+
Rate |
Of
the Amount Over |
$0 |
$17,850 |
$0 |
10% |
$0 |
|
$72,500 |
$1,785.00 |
15% |
|
$72,500 |
$146,400 |
$9,982.50 |
25% |
$72,500 |
$146,400 |
$223,050 |
$28,457.50 |
28% |
$146,400 |
$223,050 |
$398,350 |
$49,919.50 |
33% |
$223,050 |
$398,350 |
$450,000 |
$107,768.50 |
35% |
|
$450,000 |
-
- - - - |
$125,846.00 |
39.6% |
|
Example
#1
Kyle and Kendra Kerry, two married taxpayers, have 2013 TAXABLE INCOME
of $180,000. The Mitchell's income would fall between:
|
Between
|
But
Not Over |
Base
Tax |
+
Rate |
Of
the Amount Over |
$146,400 |
$223,050 |
$28,457.50 |
28% |
$146,400 |
|