Tax Forms Center
Contact SaveWealth.com Important Links About SaveWealth.com Visit the Bookstore Save on Travel Reducing Taxes Retirement Planning Estate Planning SaveWealth.com

 
Advertising Information
Get Your Tax Refund Fast!

 

 

Taxes Home

Tax Forms

Your Tax Bracket

31 Tax Breaks

Estate Taxes

Software and Supplies

 



IRS 2004 Tax Rates for Single Individual

These tax tables are designed for single individuals filing their 2004 income tax return.

These tables are effective January 1, 2004, and do not take into account any credits, such as the standard deduction, mortgage deductions, etc.

(Includes examples at bottom.)

 

 

 

 

Single

Joint Married

Married Filing Separate

Head of Household

Trusts

 

 

 

 

 

 
If Taxpayer's Income Is... Then Estimated Taxes Are...

Between

But Not Over

Base Tax

+ Rate

Of the Amount Over

$0
$7,150
$0
10%
$0
$7,150
$29,050
$715.00
15%
$7,150
$29,050
$70,350
$4,000.00
25%
$29,050
$70,350
$146,750
$14,325.00
28%
$70,350
$146,750
$319,100
$35,717.00
33%
$146,750
$319,100
- - - - -
$92,592.50
35%
$319,100

 

 

Example #1

Kevin Lewis , a single taxpayer, has TAXABLE INCOME of $110,000. Lewis' income falls between:

Between

But Not Over

Base Tax

+ Rate

Of the Amount Over

$70,350
$146,750
$14,325.00
28%
$70,350

 

Kevin Lewis' Estimated Taxes

  = Base Tax + (Rate x Amount Over)
  = $14,325.00 + [.28 x ($110,000 - $70,350)]
  = $14,325.00 + (.28 x $39,650) 
  = $14,325.00 + $11,102.00
  = $25,427.00

 

 

Example #2

Jill Mafferty, a single taxpayer, has TAXABLE INCOME of $52,000. Mafferty's income falls between:

Between

But Not Over

Base Tax

+ Rate

Of the Amount Over

$29,050
$70,350
$4,000.00
25%
$29,050

 

Jill Mafferty 's Estimated Taxes

  = Base Tax + (Rate x Amount Over)
  = $4,000.00 + [.25 x ($52,000 - $29,050)]
  = $4,000.00 + (.25 x $22,950)
  = $4,000.00 + $5,737.50 
  = $9,737.50

This equation does not reflect standard deductions, mortgage deductions, or any other credits that may decrease your estimated taxable income. Use only for 2004 income taxes. The names mentioned in these samples are fictitious and not based on any individual. Actual tax tables may apply if your income is less than $100,000. For illustrative and planning purposes only.

 

 
 
©2017 SaveWealth. All rights reserved.